AleAnna Inc – Warrants (NASDAQ:ANNAW) Short Interest Update

AleAnna Inc – Warrants (NASDAQ:ANNAW) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 37,771 shares, a growth of 301.6% from the June 30th total of 9,404 shares. Based on an average daily volume of 37,677 shares, the short-interest ratio is presently 1.0 days.

AleAnna Inc – Warrants Stock Performance

Shares of ANNAW traded down $0.01 during trading hours on Monday, hitting $0.24. The stock had a trading volume of 52,713 shares, compared to its average volume of 116,824. The firm has a 50 day simple moving average of $0.30 and a 200-day simple moving average of $0.33. AleAnna Inc – Warrants has a 1-year low of $0.12 and a 1-year high of $1.28.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.