Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Sees Significant Growth in Short Interest

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 23,929 shares, a growth of 1,167.4% from the May 14th total of 1,888 shares. Based on an average trading volume of 25,446 shares, the short-interest ratio is currently 0.9 days.

Cal Redwood Acquisition Price Performance

CRAQR remained flat at $0.16 during trading on Wednesday. The company’s stock had a trading volume of 8 shares, compared to its average volume of 18,140. The company’s fifty day moving average price is $0.20. Cal Redwood Acquisition has a 52 week low of $0.11 and a 52 week high of $0.35.

About Cal Redwood Acquisition

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.