SUMA Acquisition Corporation (NASDAQ:SUMA) Sees Large Growth in Short Interest

SUMA Acquisition Corporation (NASDAQ:SUMA) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,782 shares, an increase of 81.8% from the June 15th total of 980 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 46,848 shares, the days-to-cover ratio is presently 0.0 days.

SUMA Acquisition Price Performance

Shares of NASDAQ:SUMA opened at $9.95 on Friday. The business’s 50-day simple moving average is $9.87. SUMA Acquisition has a 12-month low of $9.83 and a 12-month high of $9.95.

SUMA Acquisition Company Profile

Suma 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 or entities.