ACP Holdings Acquisition Corp. (NASDAQ:ACGC – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,179 shares, an increase of 64.3% from the July 30th total of 1,326 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,734 shares, the days-to-cover ratio is currently 0.5 days.
ACP Holdings Acquisition Stock Up 0.1%
Shares of ACGC opened at $10.01 on Monday. ACP Holdings Acquisition has a 12 month low of $9.90 and a 12 month high of $10.89. The firm’s fifty day simple moving average is $9.97.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on shares of ACP Holdings Acquisition in a research report on Friday, August 21st. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, ACP Holdings Acquisition currently has a consensus rating of “Sell”.
About ACP Holdings Acquisition
ACP Holdings Acquisition Corp. is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. ACP Holdings Acquisition Corp. is based in Houston, Texas.
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