ARC Group Acquisition I Corp (NASDAQ:ARCL) Sees Large Growth in Short Interest

ARC Group Acquisition I Corp (NASDAQ:ARCLGet Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 14,924 shares, an increase of 126.5% from the July 15th total of 6,590 shares. Based on an average daily trading volume, of 17,731 shares, the short-interest ratio is currently 0.8 days.

ARC Group Acquisition I Stock Performance

Shares of ARC Group Acquisition I stock opened at $9.95 on Friday. ARC Group Acquisition I has a 12 month low of $9.85 and a 12 month high of $9.97. The business’s fifty day simple moving average is $9.92.

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