Screaming Eagle Acquisition Corp. (NASDAQ:SCRMW) Sees Large Increase in Short Interest

Screaming Eagle Acquisition Corp. (NASDAQ:SCRMW) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 214,200 shares, an increase of 107,000.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 97,700 shares, the short-interest ratio is currently 2.2 days.

Screaming Eagle Acquisition Stock Down 1.5 %

Shares of NASDAQ:SCRMW opened at $0.49 on Friday. Screaming Eagle Acquisition has a 12-month low of $0.04 and a 12-month high of $0.52. The business’s 50 day moving average is $0.47 and its 200 day moving average is $0.34.

About Screaming Eagle Acquisition

Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.