Newbury Street Acquisition Co. (OTCMKTS:NBSTU) Sees Significant Drop in Short Interest

Newbury Street Acquisition Co. (OTCMKTS:NBSTU) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the January 31st total of 800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Newbury Street Acquisition Stock Down 7.6 %

OTCMKTS NBSTU traded down $0.87 during trading hours on Tuesday, reaching $10.52. The company’s stock had a trading volume of 100 shares, compared to its average volume of 133. The firm has a fifty day simple moving average of $10.99 and a 200-day simple moving average of $10.73. Newbury Street Acquisition has a 52 week low of $10.47 and a 52 week high of $12.84.

Newbury Street Acquisition Company Profile

Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet or media space, including sports and entertainment verticals.