SOCAU (NASDAQ:SOCAU – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 9 shares, a decrease of 52.6% from the September 15th total of 19 shares. Based on an average daily volume of 106 shares, the days-to-cover ratio is currently 0.1 days.
SOCAU Stock Performance
Shares of NASDAQ SOCAU remained flat at $10.40 on Friday. The stock has a 50-day moving average price of $10.48 and a 200 day moving average price of $10.38. SOCAU has a 1 year low of $10.00 and a 1 year high of $12.00.
About SOCAU
We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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