Short Interest in Alpha Star Acquisition Co. (NASDAQ:ALSAW) Grows By 7.4%

Alpha Star Acquisition Co. (NASDAQ:ALSAW) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 62,300 shares, an increase of 7.4% from the September 15th total of 58,000 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 8.4 days.

Alpha Star Acquisition Stock Performance

NASDAQ:ALSAW opened at $0.01 on Thursday. The stock has a fifty day moving average price of $0.01 and a 200 day moving average price of $0.01. Alpha Star Acquisition has a 12-month low of $0.00 and a 12-month high of $0.02.

About Alpha Star Acquisition

Alpha Star Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia.