Newbury Street Acquisition Co. (NASDAQ:NBST) Sees Large Decline in Short Interest

Newbury Street Acquisition Co. (NASDAQ:NBST - Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 300 shares, a decline of 40.0% from the September 15th total of 500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.Newbury Street Acquisition Price PerformanceShares of NASDAQ NBST opened at $20.00 on Tuesday. The company has a 50 day simple moving average of $17.41 and a two-hundred day simple moving average of $14.15. Newbury Street Acquisition has a fifty-two week low of $10.02 and a fifty-two week high of $20.00. About Newbury Street Acquisition (Get Free Report)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.Recommended StoriesFive stocks we like better than Newbury Street AcquisitionIndustrial Products Stocks Investing Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done YetTop Biotech Stocks: Exploring Innovation Opportunities3 High-Yield Banks for Investors to Buy on the DipUsing the MarketBeat Dividend Yield Calculator5 Surprising Stocks Set to Benefit From a Future Robotics BoomThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Newbury Street Acquisition Right Now?Before you consider Newbury Street Acquisition, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newbury Street Acquisition wasn't on the list.While Newbury Street Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here