Short Interest in CONX Corp. (NASDAQ:CONXW) Increases By 60.9%

CONX Corp. (NASDAQ:CONXW) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 7,400 shares, an increase of 60.9% from the March 31st total of 4,600 shares. Based on an average trading volume of 40,900 shares, the days-to-cover ratio is currently 0.2 days.

CONX Price Performance

Shares of CONXW opened at $0.26 on Friday. CONX has a 12 month low of $0.05 and a 12 month high of $0.41. The stock’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.22.

CONX Company Profile

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry.