SeaChange Stock Slid 2% in Premarket Trading.
SeaChange International (NASDAQ:SEAC) announced that it would be entering into a reverse merger with social media site Triller. Additionally, the boards of both companies have approved the merger, so it is now up to shareholders of SEAC stock to approve the transaction. Furthermore, raw short interest during December was a whopping 3.9 million shares, up 751% from the last report. The raw short interest figure represents 13.13% of the public float.
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