Short Interest in Cartica Acquisition Corp (NASDAQ:CITEW) Grows By 28.1%

Cartica Acquisition Corp (NASDAQ:CITEW) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 127,200 shares, a growth of 28.1% from the July 15th total of 99,300 shares. Based on an average daily volume of 57,100 shares, the short-interest ratio is currently 2.2 days.

Cartica Acquisition Stock Up 32.8 %

Shares of Cartica Acquisition stock traded up $0.05 on Thursday, hitting $0.19. The stock had a trading volume of 14,321 shares, compared to its average volume of 80,123. The stock’s 50-day simple moving average is $0.13 and its two-hundred day simple moving average is $0.09. Cartica Acquisition has a one year low of $0.03 and a one year high of $0.26.

About Cartica Acquisition

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.