Cartica Acquisition Corp (NASDAQ:CITEU) Sees Significant Growth in Short Interest

Cartica Acquisition Corp (NASDAQ:CITEU) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 1,300 shares, an increase of 18.2% from the July 31st total of 1,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 6.5 days.

Cartica Acquisition Stock Down 1.7 %

NASDAQ CITEU traded down $0.20 on Monday, hitting $11.42. 100 shares of the company were exchanged, compared to its average volume of 1,520. The stock has a fifty day moving average of $11.52 and a 200-day moving average of $11.05. Cartica Acquisition has a 12 month low of $11.31 and a 12 month high of $13.92.

Cartica Acquisition Company Profile

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.