ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 452 shares, a decline of 87.9% from the May 31st total of 3,745 shares. Based on an average daily trading volume, of 3,644 shares, the days-to-cover ratio is currently 0.1 days.
ARC Group Acquisition I Corp Unit Price Performance
Shares of ARC Group Acquisition I Corp Unit stock opened at $10.21 on Friday. ARC Group Acquisition I Corp Unit has a fifty-two week low of $10.01 and a fifty-two week high of $10.50.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of ARC Group Acquisition I Corp Unit to a “hold” rating in a research report on Saturday, May 9th.
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