ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU) Sees Significant Increase in Short Interest

by · The Markets Daily

ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 5,083 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 114,002 shares, the days-to-cover ratio is presently 0.0 days.

ARC Group Acquisition I Corp Unit Trading Down 0.0%

Shares of ARCLU stock traded down $0.00 during trading hours on Monday, hitting $10.22. The company’s stock had a trading volume of 9,776 shares, compared to its average volume of 90,087. ARC Group Acquisition I Corp Unit has a twelve month low of $10.01 and a twelve month high of $10.22.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of ARC Group Acquisition I Corp Unit to a “hold” rating in a research report on Saturday, May 9th.

Read Our Latest Analysis on ARCLU

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