Short Interest in Charlton Aria Acquisition Co. (NASDAQ:CHARR) Decreases By 36.0%

Charlton Aria Acquisition Co. (NASDAQ:CHARR) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 22,530 shares, a decrease of 36.0% from the April 15th total of 35,190 shares. Based on an average daily volume of 35,730 shares, the days-to-cover ratio is currently 0.6 days.

Charlton Aria Acquisition Trading Down 0.9%

Shares of Charlton Aria Acquisition stock opened at $0.08 on Tuesday. The business’s 50 day simple moving average is $0.11 and its 200-day simple moving average is $0.15. Charlton Aria Acquisition has a twelve month low of $0.03 and a twelve month high of $0.29.

Charlton Aria Acquisition Corp (NASDAQ: CHARR) is a special purpose acquisition company (SPAC) organized in April 2021 with the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The company does not currently engage in any commercial operations and intends to focus its efforts on identifying promising enterprises for a merger or acquisition.

The company completed its initial public offering in October 2021 and its units trade on the Nasdaq under the ticker symbol CHARR.