International Media Acquisition Corp. (NASDAQ:IMAQW) Short Interest Up 157.5% in July

International Media Acquisition Corp. (NASDAQ:IMAQW) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 32,700 shares, a growth of 157.5% from the June 30th total of 12,700 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is currently 1.4 days.

International Media Acquisition Stock Performance

IMAQW remained flat at $0.02 during trading on Friday. International Media Acquisition has a one year low of $0.00 and a one year high of $0.11. The business has a fifty day moving average price of $0.01 and a two-hundred day moving average price of $0.02.

International Media Acquisition Company Profile

International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp.