Short Interest in Catalyst Acquisition Corp. (NASDAQ:CATLU) Grows By ?

Catalyst Acquisition Corp. (NASDAQ:CATLU) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 2,941 shares, an increase of ? from the July 15th total of 0 shares. Based on an average trading volume of 573,968 shares, the short-interest ratio is currently 0.0 days.

Catalyst Acquisition Trading Up 0.2%

Shares of Catalyst Acquisition stock traded up $0.01 during trading on Friday, hitting $9.99. 1,291 shares of the company’s stock traded hands, compared to its average volume of 104,808. Catalyst Acquisition has a twelve month low of $9.96 and a twelve month high of $10.03.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Catalyst Acquisition to a “hold” rating in a research report on Saturday, August 8th.

Catalyst Acquisition Company Profile

Catalyst Acquisition is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Rather than conducting an ongoing commercial business, the company’s primary objective is to raise capital through an initial public offering and use those proceeds, together with other funding sources, to pursue a merger, acquisition, or similar transaction.

The company does not currently offer products or services of its own and has not established an operating business or defined geographic market.