Short Interest in Slam Corp. (NASDAQ:SLAMW) Declines By 65.8%

Slam Corp. (NASDAQ:SLAMW) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 27,200 shares, a decrease of 65.8% from the June 30th total of 79,600 shares. Based on an average daily volume of 72,500 shares, the days-to-cover ratio is currently 0.4 days.

Slam Stock Up 25.0 %

SLAMW stock traded up $0.04 on Thursday, hitting $0.18. The company’s stock had a trading volume of 225,100 shares, compared to its average volume of 72,401. The firm has a 50 day moving average of $0.18 and a two-hundred day moving average of $0.19. Slam has a 1 year low of $0.06 and a 1 year high of $0.38.

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.