Aquaron Acquisition Corp. (NASDAQ:AQUNR) Sees Significant Drop in Short Interest

Aquaron Acquisition Corp. (NASDAQ:AQUNR) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,800 shares, a decline of 30.8% from the May 15th total of 2,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 0.8 days.

Aquaron Acquisition Stock Performance

Shares of NASDAQ:AQUNR opened at $0.30 on Tuesday. Aquaron Acquisition has a 1 year low of $0.10 and a 1 year high of $0.35. The business has a fifty day moving average price of $0.20 and a two-hundred day moving average price of $0.22.

Aquaron Acquisition Company Profile

Aquaron Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on operating businesses in the new energy sector.