Armada Acquisition Corp. I (NASDAQ:AACIW) Short Interest Update

Armada Acquisition Corp. I (NASDAQ:AACIW) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 8,123 shares, a decrease of 71.2% from the July 15th total of 28,202 shares. Based on an average daily trading volume, of 16,153 shares, the short-interest ratio is currently 0.5 days.

Armada Acquisition Corp. I Stock Performance

NASDAQ:AACIW opened at $0.30 on Thursday. The company’s 50 day moving average price is $0.33 and its 200-day moving average price is $0.55. Armada Acquisition Corp. I has a 52 week low of $0.18 and a 52 week high of $0.40.

Armada Acquisition Corp. I Company Profile

Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.