Silver Run Acquisition Corp. (NASDAQ:CDEV) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,460,903 shares, a growth of 107.1% from the October 31st total of 1,188,097 shares. Currently, 4.4% of the company’s shares are sold short. Based on an average daily volume of 946,046 shares, the days-to-cover ratio is currently 2.6 days.
Separately, US Capital Advisors reiterated a “buy” rating on shares of Silver Run Acquisition Corp. in a report on Wednesday, October 26th.
Shares of Silver Run Acquisition Corp. (NASDAQ:CDEV) opened at 16.40 on Tuesday. Silver Run Acquisition Corp. has a one year low of $9.65 and a one year high of $16.96. The stock’s 50 day moving average price is $14.96 and its 200-day moving average price is $12.47. The stock’s market cap is $2.70 billion.