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Shares of ROI Acquisition Corp (NASDAQ:EVRY) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,230,619 shares, an increase of 28.6% from the April 15th total of 956,637 shares, Analyst Ratings Net reports. Based on an average daily trading volume, of 95,190 shares, the short-interest ratio is currently 12.9 days. Currently, 14.3% of the shares of the company are short sold.

EVRY has been the subject of a number of recent research reports. Analysts at Telsey Advisory Group cut their price target on shares of ROI Acquisition Corp from $6.00 to $3.00 in a research note on Monday. They now have a “not rated” rating on the stock. Separately, analysts at Zacks downgraded shares of ROI Acquisition Corp from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $1.30 price target on the stock.

ROI Acquisition Corp (NASDAQ:EVRY) opened at 0.94 on Tuesday. ROI Acquisition Corp has a one year low of $0.67 and a one year high of $13.74. The stock’s 50-day moving average is $2.96 and its 200-day moving average is $6.19. The company’s market cap is $20.8 million.

ROI Acquisition Corp (NASDAQ:EVRY) last announced its earnings results on Thursday, May 15th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.70. On average, analysts predict that ROI Acquisition Corp will post $0.15 earnings per share for the current fiscal year.

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