Slam Corp. (NASDAQ:SLAM – Get Free Report) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 6,000 shares, a decline of 34.8% from the June 30th total of 9,200 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 55,700 shares, the short-interest ratio is currently 0.1 days.
Slam Price Performance
SLAM stock remained flat at $11.12 during midday trading on Friday. 235 shares of the company’s stock were exchanged, compared to its average volume of 156,426. Slam has a fifty-two week low of $10.70 and a fifty-two week high of $11.24. The company has a market cap of $260.76 million, a P/E ratio of 101.09 and a beta of 0.01. The company’s 50-day moving average is $11.10 and its 200-day moving average is $11.02.
Slam (NASDAQ:SLAM – Get Free Report) last released its quarterly earnings results on Thursday, May 16th. The company reported ($0.04) EPS for the quarter.
Institutional Investors Weigh In On Slam
Slam Company Profile
Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
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