ESH Acquisition Corp. (NASDAQ:ESHAR) Sees Large Decline in Short Interest

ESH Acquisition Corp. (NASDAQ:ESHAR) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 14,431 shares, a decline of 14.6% from the January 15th total of 16,902 shares. Based on an average daily volume of 1,914 shares, the days-to-cover ratio is currently 7.5 days. Based on an average daily volume of 1,914 shares, the days-to-cover ratio is currently 7.5 days.

ESH Acquisition Price Performance

ESH Acquisition stock opened at $0.16 on Thursday. ESH Acquisition has a fifty-two week low of $0.07 and a fifty-two week high of $0.27. The stock’s fifty day moving average is $0.19 and its two-hundred day moving average is $0.18.

ESH Acquisition Company Profile

ESH Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) that trades on the NASDAQ under the ticker ESHAR. The company was formed in August 2020 and completed its initial public offering in June 2021. As a blank-check vehicle, ESH Acquisition’s sole purpose is to identify, acquire or merge with one or more businesses, providing a public platform and access to capital for its target.

ESH Acquisition seeks opportunities within technology-enabled industries, with particular emphasis on financial technology (fintech), digital platforms, software and related services.