Plum Acquisition Corp. I (NASDAQ:PLMIW) Short Interest Down 80.3% in July

Plum Acquisition Corp. I (NASDAQ:PLMIW) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 1,300 shares, a drop of 80.3% from the June 30th total of 6,600 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is presently 0.1 days.

Plum Acquisition Corp. I Stock Performance

Shares of NASDAQ:PLMIW traded up $0.02 during trading on Friday, hitting $0.10. The company’s stock had a trading volume of 159 shares, compared to its average volume of 16,271. Plum Acquisition Corp. I has a fifty-two week low of $0.01 and a fifty-two week high of $0.69. The business has a 50 day moving average price of $0.12 and a two-hundred day moving average price of $0.26.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.