Proem Acquisition Corp I (NASDAQ:PAAC – Get Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 311 shares, a drop of 77.0% from the June 30th total of 1,351 shares. Based on an average daily volume of 3,327 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Proem Acquisition Corp I Trading Down 0.1%
PAAC stock opened at $9.95 on Friday. Proem Acquisition Corp I has a one year low of $9.83 and a one year high of $10.15.
Analyst Ratings Changes
Separately, Weiss Ratings started coverage on Proem Acquisition Corp I in a report on Tuesday, June 30th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Proem Acquisition Corp I Company Profile
Proem Acquisition Corp I 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.
Featured Stories
- Five stocks we like better than Proem Acquisition Corp I
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Proem Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Proem Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.
