ARC Group Securities Acquisition I (NASDAQ:FJDIU) Stock Short Interest Report for September

ARC Group Securities Acquisition I (NASDAQ:FJDIU) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,442 shares, a decrease of 98.2% from the September 15th total of 309,774 shares. Based on an average daily trading volume, of 57,725 shares, the short-interest ratio is presently 0.1 days.

ARC Group Securities Acquisition I Trading Down 0.2%

Shares of FJDIU stock traded down $0.02 during trading hours on Friday, reaching $10.01. The stock had a trading volume of 7,375 shares, compared to its average volume of 73,953. The stock has a fifty day simple moving average of $9.99. ARC Group Securities Acquisition I has a 12 month low of $9.95 and a 12 month high of $10.20.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of ARC Group Securities Acquisition I to a “hold” rating in a report on Saturday, August 15th.

About ARC Group Securities Acquisition I

ARC Group Securities Acquisition I is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. Its securities trade under the Nasdaq symbol FJDIU.

The company does not currently operate an independent commercial business or offer products and services to customers. Instead, its activities are focused on raising capital through its public offering and evaluating potential merger, acquisition, stock purchase, or similar transactions.