Short Interest in Slam Corp. (NASDAQ:SLAMW) Declines By 80.6%

Slam Corp. (NASDAQ:SLAMW) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, a drop of 80.6% from the March 31st total of 7,200 shares. Based on an average daily volume of 43,700 shares, the short-interest ratio is currently 0.0 days.

Slam Stock Performance

Slam stock traded down $0.05 during midday trading on Thursday, hitting $0.15. 400 shares of the stock were exchanged, compared to its average volume of 54,116. The company has a 50 day moving average price of $0.20 and a two-hundred day moving average price of $0.16. 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. Slam Corp. was incorporated in 2020 and is based in New York, New York.