Cartica Acquisition Corp (NASDAQ:CITEU) Sees Large Increase in Short Interest

Cartica Acquisition Corp (NASDAQ:CITEU) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,300 shares, a growth of 8.3% from the August 31st total of 1,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 6.5 days.

Cartica Acquisition Stock Performance

Shares of Cartica Acquisition stock traded down $0.56 during trading on Tuesday, reaching $11.43. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,271. The company has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $11.17. Cartica Acquisition has a fifty-two week low of $11.31 and a fifty-two week 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.