Cartica Acquisition Corp (NASDAQ:CITEW) Sees Large Decrease in Short Interest

Cartica Acquisition Corp (NASDAQ:CITEWGet Free Report) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 4,600 shares, a decrease of 44.6% from the December 15th total of 8,300 shares. Based on an average daily volume of 30,800 shares, the days-to-cover ratio is currently 0.1 days.

Cartica Acquisition Price Performance

CITEW traded down $0.00 during trading hours on Tuesday, reaching $0.26. 813 shares of the company’s stock traded hands, compared to its average volume of 48,585. The firm has a 50-day moving average price of $0.29 and a 200 day moving average price of $0.20. Cartica Acquisition has a 52-week low of $0.03 and a 52-week high of $0.61.

About Cartica Acquisition

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Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.

Further Reading

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