Technology & Telecommunication Acquisition Co. (NASDAQ:TETEW) Short Interest Up 63.2% in July

Technology & Telecommunication Acquisition Co. (NASDAQ:TETEW) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totalling 11,100 shares, an increase of 63.2% from the July 15th total of 6,800 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 2.9 days.

Technology & Telecommunication Acquisition Price Performance

Shares of NASDAQ:TETEW opened at $0.04 on Friday. Technology & Telecommunication Acquisition has a 12-month low of $0.01 and a 12-month high of $0.07. The business has a fifty day simple moving average of $0.03 and a 200 day simple moving average of $0.02.

Technology & Telecommunication Acquisition Company Profile

Technology & Telecommunication Acquisition Corporation does not have 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. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.