What’s Propelling Modern Media Acquisition Corp – Right (NASDAQ:MMDMR) After Lower Shorts Reported?

March 7, 2018 - By Vivian Currie

 What’s Propelling Modern Media Acquisition Corp   Right (NASDAQ:MMDMR) After Lower Shorts Reported?

The stock of Modern Media Acquisition Corp – Right (NASDAQ:MMDMR) registered a decrease of 0.38% in short interest. MMDMR’s total short interest was 26,500 shares in March as published by FINRA. Its down 0.38% from 26,600 shares, reported previously. With 700 shares average volume, it will take short sellers 38 days to cover their MMDMR’s short positions.

The stock increased 16.67% or $0.06 during the last trading session, reaching $0.42. About 164,229 shares traded or Infinity% up from the average. Modern Media Acquisition Corp. (NASDAQ:MMDMR) has 0.00% since March 7, 2017 and is . It has underperformed by 16.70% the S&P500.

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