KRAKacquisition Corp (NASDAQ:KRAQ) Sees Large Decline in Short Interest

KRAKacquisition Corp (NASDAQ:KRAQGet Free Report) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 983 shares, a decline of 54.0% from the June 30th total of 2,135 shares. Based on an average trading volume of 16,732 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

KRAKacquisition Stock Performance

Shares of NASDAQ KRAQ traded down $0.01 on Tuesday, reaching $9.98. 68,384 shares of the company’s stock traded hands, compared to its average volume of 52,986. The company has a 50 day moving average of $9.97. KRAKacquisition has a 12 month low of $9.78 and a 12 month high of $10.44.

About KRAKacquisition

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Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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