Short Interest in AleAnna Inc – Warrants (NASDAQ:ANNAW) Decreases By 96.6%

AleAnna Inc – Warrants (NASDAQ:ANNAW) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 200 shares, a decrease of 96.6% from the April 30th total of 5,851 shares. Based on an average daily trading volume, of 56,137 shares, the short-interest ratio is presently 0.0 days.

AleAnna Inc – Warrants Trading Down 5.1%

Shares of ANNAW stock opened at $0.28 on Thursday. AleAnna Inc – Warrants has a 12 month low of $0.12 and a 12 month high of $1.28. The company’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $0.29.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.