Acri Capital Acquisition Co. (NASDAQ:ACACW) Short Interest Up 8.9% in September

Acri Capital Acquisition Co. (NASDAQ:ACACW) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 6,100 shares, a growth of 8.9% from the August 31st total of 5,600 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is presently 0.6 days.

Acri Capital Acquisition Stock Performance

Shares of NASDAQ:ACACW opened at $0.02 on Tuesday. The company’s fifty day moving average is $0.06 and its 200-day moving average is $0.06. Acri Capital Acquisition has a 52 week low of $0.02 and a 52 week high of $0.30.

About Acri Capital Acquisition

Acri Capital Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to focus its search on the technology-enabled sectors, including e-commerce, financial services, educational technology services, or health information service in North America.