KRAKacquisition Corp (NASDAQ:KRAQ) Sees Significant Drop in Short Interest

KRAKacquisition Corp (NASDAQ:KRAQ) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,263 shares, a drop of 59.2% from the May 31st total of 5,542 shares. Based on an average daily volume of 92,681 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

KRAKacquisition Trading Up 0.1%

Shares of NASDAQ KRAQ traded up $0.01 during midday trading on Monday, reaching $9.99. The company’s stock had a trading volume of 1,457 shares, compared to its average volume of 54,101. The stock’s 50 day moving average price is $9.94. KRAKacquisition has a fifty-two week low of $9.78 and a fifty-two week high of $10.44.

About KRAKacquisition

Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.