ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 5,083 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 114,002 shares, the days-to-cover ratio is presently 0.0 days.
ARC Group Acquisition I Corp Unit Stock Down 0.4%
Shares of NASDAQ ARCLU traded down $0.04 during midday trading on Wednesday, reaching $10.16. 25,000 shares of the company were exchanged, compared to its average volume of 86,467. ARC Group Acquisition I Corp Unit has a one year low of $10.01 and a one year high of $10.22.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised ARC Group Acquisition I Corp Unit to a “hold” rating in a report on Saturday, May 9th.
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