Short Interest in Pensare Acquisition Corp (WRLS) Declines By 99.2%
Pensare Acquisition Corp (NASDAQ:WRLS) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 8,439 shares, a drop of 99.2% from the August 15th total of 1,117,604 shares. Based on an average daily volume of 92,535 shares, the short-interest ratio is presently 0.1 days.
Shares of Pensare Acquisition Corp (WRLS) opened at 9.69 on Friday. Pensare Acquisition Corp has a 12 month low of $9.61 and a 12 month high of $9.73. The firm’s 50-day moving average price is $10.23 and its 200 day moving average price is $10.23.
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About Pensare Acquisition Corp
Pensare Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company intends to initially focus on identifying a business in the wireless telecommunications industry in the United States.
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