Does Tiberius Acquisition Corporation (NASDAQ:TIBR) Have Gas After Even Less Sellers Involved?

July 14, 2018 - By Carol Mulligan

The stock of Tiberius Acquisition Corporation (NASDAQ:TIBR) registered a decrease of 82.7% in short interest. TIBR’s total short interest was 212,800 shares in July as published by FINRA. Its down 82.7% from 1.23 million shares, reported previously. With 95,500 shares average volume, it will take short sellers 2 days to cover their TIBR’s short positions.

The stock increased 0.10% or $0.01 during the last trading session, reaching $9.61. About 495,000 shares traded or 454.81% up from the average. Tiberius Acquisition Corporation (NASDAQ:TIBR) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Tiberius Acquisition Corporation intends to acquire assets or businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company has market cap of $201.81 million.

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