Empowerment & Inclusion Capital I Corp. (NYSE:EPWR – Get Rating) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 7,300 shares, a growth of 386.7% from the May 15th total of 1,500 shares. Currently, 0.0% of the shares of the stock are short […]
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Empowerment & Inclusion Capital I Corp. (NYSE:EPWR – Get Rating) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 5,400 shares, a decline of 40.7% from the February 13th total of 9,100 shares. Based on an average daily trading volume, of 26,300 shares, the days-to-cover ratio […]
Best SPAC Opportunities for Monday
With the SPAC market slowing down and starting to clear out, some investors are looking for upside with announced deals. In addition, investors continue to look in the bargain bin for yield as well.
Author:
Apr 5, 2021
Last week we saw the SPAC IPO market close for business with only 2 SPACs pricing. This is good news as the market needs to clear out so that investors can get excited again about good SPACs and good deals. Given that there has been no IPO pop and very little deal announcement pop lately though CMII and AJAX had a some SPAC investors are starting to look at a combination of strong sponsor/teams with SPACs that already have announced deals.