Cartica Acquisition Corp (NASDAQ:CITEU) Sees Large Decrease in Short Interest

Cartica Acquisition Corp (NASDAQ:CITEU) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 1,200 shares, a decline of 7.7% from the September 15th total of 1,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 100 shares, the short-interest ratio is currently 12.0 days.

Cartica Acquisition Price Performance

Shares of CITEU stock remained flat at $11.43 on Thursday. Cartica Acquisition has a 12-month low of $11.31 and a 12-month high of $13.92. The company has a 50-day simple moving average of $11.56 and a 200-day simple moving average of $11.22.

About Cartica Acquisition

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.