Newbury Street Acquisition Co. (OTCMKTS:NBSTU) Sees Significant Drop in Short Interest

Newbury Street Acquisition Co. (OTCMKTS:NBSTU) was the target of a significant decrease in short interest in 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 Trading Down 7.6 %

NBSTU traded down $0.87 on Tuesday, hitting $10.52. 100 shares of the stock were exchanged, 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 50-day moving average of $10.99 and a two-hundred day moving average of $10.73.

Newbury Street Acquisition Company Profile

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.