Short Interest in XPAC Acquisition Corp. Declines By 76.9
XPAXDelisted Stock | USD 10.39 0.01 0.1% |
Slightly above 55% of XPAC Acquisition's investor base is interested to short. The analysis of current outlook of investing in XPAC Acquisition Corp suggests that many traders are impartial regarding XPAC Acquisition's prospects. XPAC Acquisition's investing sentiment can be driven by a variety of factors including economic data, XPAC Acquisition's earnings reports, geopolitical events, and overall market trends.
XPAC |
XPAC Acquisition Corp. saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a decline of 76.9 percent from the March 15th total of 1,300 shares. Based on an average daily trading volume, of 100,100 shares, the days-to-cover ratio
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XPAC Acquisition Fundamental Analysis
We analyze XPAC Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XPAC Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XPAC Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
XPAC Acquisition is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
XPAC Acquisition Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with XPAC Acquisition stock to make a market-neutral strategy. Peer analysis of XPAC Acquisition could also be used in its relative valuation, which is a method of valuing XPAC Acquisition by comparing valuation metrics with similar companies.
Peers
XPAC Acquisition Related Equities
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Other Consideration for investing in XPAC Stock
If you are still planning to invest in XPAC Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the XPAC Acquisition's history and understand the potential risks before investing.
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