Cartica Acquisition Corp (NASDAQ:CITEU) Short Interest Update

Cartica Acquisition Corp (NASDAQ:CITEU) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 1,200 shares, a drop of 7.7% from the August 15th total of 1,300 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 6.0 days. Approximately 0.0% of the company’s stock are sold short.

Cartica Acquisition Price Performance

Shares of NASDAQ CITEU remained flat at $11.43 during midday trading on Tuesday. The stock’s 50-day simple moving average is $11.58 and its two-hundred day simple moving average is $11.13. 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.