Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Short Interest Update

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,429 shares, a drop of 94.0% from the May 31st total of 23,929 shares. Based on an average trading volume of 60 shares, the short-interest ratio is presently 23.8 days.

Cal Redwood Acquisition Trading Up 40.9%

Shares of NASDAQ:CRAQR traded up $0.07 on Friday, hitting $0.23. 48,735 shares of the company’s stock were exchanged, compared to its average volume of 18,030. Cal Redwood Acquisition has a 12 month low of $0.11 and a 12 month high of $0.35. The stock’s 50 day simple moving average is $0.19.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.