Valuence Merger Corp. I (NASDAQ:VMCA – Get Rating) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 1,800 shares, a decrease of 94.6% from the July 15th total of 33,300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,100 shares, the short-interest ratio is presently 0.1 days.
Valuence Merger Corp. I Price Performance
Shares of VMCA opened at $10.08 on Thursday. Valuence Merger Corp. I has a 1 year low of $9.97 and a 1 year high of $10.60. The stock has a 50 day moving average of $10.05.
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Valuence Merger Corp. I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify, acquire, and operate a business in Asia with a focus on opportunities aligned with breakthrough technology in life sciences and sustainability technology themes.Further Reading
- Get a free copy of the StockNews.com research report on Valuence Merger Corp. I (VMCA)
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