Championsgate Acquisition Corp (NASDAQ:CHPGR – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 7,043 shares, a decrease of 67.5% from the September 15th total of 21,649 shares. Based on an average trading volume of 913 shares, the days-to-cover ratio is presently 7.7 days.
Championsgate Acquisition Stock Up 11.1%
NASDAQ:CHPGR traded up $0.01 during trading hours on Wednesday, hitting $0.13. 437 shares of the company were exchanged, compared to its average volume of 48,288. Championsgate Acquisition has a 52-week low of $0.08 and a 52-week high of $0.28. The company’s 50 day moving average price is $0.12 and its 200-day moving average price is $0.14.
Championsgate Acquisition Company Profile
ChampionsGate Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its potential transaction could take the form of a merger, share exchange, asset acquisition, stock purchase, reorganization or similar corporate combination.
As a SPAC, ChampionsGate Acquisition does not operate a conventional business and does not currently offer products or services to customers. Its activities are primarily focused on evaluating acquisition opportunities, completing a transaction and supporting the resulting public company.
The company’s securities are listed on the Nasdaq Stock Market under separate symbols, including CHPGR for its units.
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