ACP Holdings Acquisition Corp. (NASDAQ:ACGC) Sees Significant Drop in Short Interest

ACP Holdings Acquisition Corp. (NASDAQ:ACGC) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 1,326 shares, a decline of 92.7% from the July 15th total of 18,256 shares. Based on an average daily trading volume, of 86,806 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

ACP Holdings Acquisition Trading Up 0.0%

Shares of ACGC traded up $0.00 during trading hours on Thursday, reaching $9.99. 1,857 shares of the company’s stock traded hands, compared to its average volume of 55,172. The firm’s 50 day simple moving average is $9.96. ACP Holdings Acquisition has a 12 month low of $9.90 and a 12 month high of $10.89.

ACP Holdings Acquisition Company Profile

ACP Holdings Acquisition Corp. is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. ACP Holdings Acquisition Corp. is based in Houston, Texas.