Short Interest in Cartica Acquisition Corp (NASDAQ:CITEU) Expands By 1,000.0%

Cartica Acquisition Corp (NASDAQ:CITEU) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the July 15th total of 100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 5.5 days.

Cartica Acquisition Stock Performance

Shares of NASDAQ:CITEU opened at $11.62 on Tuesday. Cartica Acquisition has a 52 week low of $11.31 and a 52 week high of $13.92. The firm has a 50 day simple moving average of $11.30 and a 200 day simple moving average of $10.98.

Cartica Acquisition Company Profile

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.