Newbury Street Acquisition Co. (OTCMKTS:NBSTU) Sees Significant Decline 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 daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Newbury Street Acquisition Stock Down 7.6 %

Shares of NBSTU stock traded down $0.87 during trading hours on Wednesday, reaching $10.52. The company had a trading volume of 100 shares, compared to its average volume of 133. Newbury Street Acquisition has a 12 month low of $10.47 and a 12 month high of $12.84. The business has a fifty day simple moving average of $10.99 and a 200-day simple moving average of $10.72.

About Newbury Street Acquisition

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.