Is 8I Enterprises Acquisition Corp – Unit (NASDAQ:JFKKU) a Buy? The Stock Reported Less Sellers

The stock of 8I Enterprises Acquisition Corp – Unit (NASDAQ:JFKKU) registered a decrease of 15.38% in short interest. JFKKU’s total short interest was 1,100 shares in October as published by FINRA. Its down 15.38% from 1,300 shares, reported previously. With 13,200 shares average volume, it will take short sellers 0 days to cover their JFKKU’s short positions.

It closed at $10.62 lastly. It is down 0.00% since October 12, 2018 and is . It has by 0.00% the S&P500.

8i Enterprises Acquisition Corp. intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination. The company has market cap of $75.75 million.

More notable recent 8i Enterprises Acquisition Corp. (NASDAQ:JFKKU) news were published by: Prnewswire.com which released: “8i Enterprises Acquisition Corp. Announces Closing of Initial Public Offering – PRNewswire” on April 01, 2019, also Seekingalpha.com with their article: “8i Enterprises Acquisition prices $50M initial public offering – Seeking Alpha” published on March 28, 2019, Prnewswire.com published: “8i Enterprises Acquisition Corp. Announces Underwriters’ Full Exercise of Over-Allotment Option in Connection with Its Initial Public Offering – PRNewswire” on April 08, 2019. More interesting news about 8i Enterprises Acquisition Corp. (NASDAQ:JFKKU) were released by: Prnewswire.com and their article: “8i Enterprises Acquisition Corp. Announces that Ordinary Shares, Warrants and Rights to Commence Separate Trading on or about May 16, 2019 – PRNewswire” published on May 15, 2019 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Apple Makes Its Video-Streaming Move – Seeking Alpha” with publication date: March 23, 2019.

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