Emmis Acquisition Corp. (NASDAQ:EMISR) Short Interest Update

Emmis Acquisition Corp. (NASDAQ:EMISR) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 136 shares, a drop of 71.7% from the May 31st total of 480 shares. Based on an average daily volume of 189 shares, the days-to-cover ratio is currently 0.7 days.

Emmis Acquisition Price Performance

EMISR opened at $0.15 on Friday. The business’s 50 day simple moving average is $0.14. Emmis Acquisition has a fifty-two week low of $0.10 and a fifty-two week high of $0.18.

Emmis Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.