Leader’s Advantage Acquisition Corp. (NASDAQ:LEDRU) Sees Significant Growth in Short Interest

by · The Markets Daily

Leader’s Advantage Acquisition Corp. (NASDAQ:LEDRU – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 16,908 shares. Based on an average daily trading volume, of 467,986 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Leader’s Advantage Acquisition to a “hold” rating in a report on Saturday, September 26th.

Get Our Latest Stock Analysis on Leader’s Advantage Acquisition

Leader’s Advantage Acquisition Stock Performance

Leader’s Advantage Acquisition stock traded down $0.01 during mid-day trading on Friday, hitting $9.95. 100 shares of the stock were exchanged, compared to its average volume of 97,280. Leader’s Advantage Acquisition has a 12 month low of $9.94 and a 12 month high of $9.99.

About Leader’s Advantage Acquisition

(Get Free Report)

Leader’s Advantage Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, acquisition, stock purchase, reorganization or similar business combination.

As a SPAC, the company does not have significant operating activities, products or services of its own. Its primary activities involve raising capital through a public offering, placing funds into a trust account and evaluating potential acquisition targets.

The company’s securities trade on Nasdaq under the symbol LEDRU for its units.

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