ACP Holdings Acquisition Corp. (NASDAQ:ACGC – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 159 shares, a decrease of 72.4% from the September 30th total of 577 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 43,816 shares, the days-to-cover ratio is currently 0.0 days.
ACP Holdings Acquisition Stock Performance
Shares of NASDAQ ACGC remained flat at $10.06 during mid-day trading on Wednesday. The stock had a trading volume of 100,992 shares. ACP Holdings Acquisition has a twelve month low of $9.90 and a twelve month high of $10.89. The stock has a 50-day simple moving average of $10.05.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on ACP Holdings Acquisition in a report on Friday, August 21st. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, ACP Holdings Acquisition has a consensus rating of “Sell”.
ACP Holdings Acquisition Company Profile
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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