Idea Acquisition Corp. (NASDAQ:IACO) Short Interest Down 90.8% in May

Idea Acquisition Corp. (NASDAQ:IACO – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 434 shares, a decline of 90.8% from the May 14th total of 4,699 shares. Based on an average daily volume of 7,820 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Idea Acquisition Stock Performance

IACO stock remained flat at $9.91 during midday trading on Thursday. 14,405 shares of the company’s stock were exchanged, compared to its average volume of 91,756. The stock has a 50 day simple moving average of $9.87. Idea Acquisition has a 1 year low of $9.78 and a 1 year high of $9.93.

About Idea Acquisition

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Idea Acquisition Corp is a blank check company.

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