FTAC Emerald Acquisition Corp. (NASDAQ:FLDDW – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,800 shares, an increase of 183.9% from the September 30th total of 3,100 shares. Based on an average daily volume of 29,500 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 29,500 shares, the days-to-cover ratio is currently 0.3 days.
FTAC Emerald Acquisition Price Performance
Shares of FTAC Emerald Acquisition stock opened at $0.40 on Friday. FTAC Emerald Acquisition has a twelve month low of $0.16 and a twelve month high of $1.38. The company’s fifty day moving average is $0.46 and its 200 day moving average is $0.60.
FTAC Emerald Acquisition (NASDAQ:FLDDW – Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.17) earnings per share for the quarter. The company had revenue of $7.09 million for the quarter.
About FTAC Emerald Acquisition
FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.
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