Alpha Star Acquisition Co. (NASDAQ:ALSAW) Sees Large Decline in Short Interest

Alpha Star Acquisition Co. (NASDAQ:ALSAW) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, a decrease of 65.6% from the March 31st total of 6,400 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 0.2 days.

Alpha Star Acquisition Price Performance

NASDAQ ALSAW remained flat at $0.01 during trading hours on Friday. Alpha Star Acquisition has a 1 year low of $0.00 and a 1 year high of $0.02. The company has a 50 day moving average price of $0.01 and a 200-day moving average price of $0.01.

About Alpha Star Acquisition

Alpha Star Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia.