Praetorian Acquisition Corp. (NASDAQ:PTOR – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 607 shares, an increase of 82.3% from the May 31st total of 333 shares. Based on an average daily trading volume, of 4,830 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on shares of Praetorian Acquisition in a research report on Tuesday, June 9th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on PTOR
Praetorian Acquisition Stock Up 0.0%
Praetorian Acquisition Company Profile
Praetorian Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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