KRAKacquisition Corp (NASDAQ:KRAQ) Short Interest Down 54.0% in July

KRAKacquisition Corp (NASDAQ:KRAQ) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 983 shares, a decline of 54.0% from the June 30th total of 2,135 shares. Based on an average trading volume of 16,732 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

KRAKacquisition Price Performance

Shares of NASDAQ KRAQ traded up $0.01 during trading hours on Wednesday, hitting $9.99. The company’s stock had a trading volume of 68,384 shares, compared to its average volume of 52,986. KRAKacquisition has a 12 month low of $9.78 and a 12 month high of $10.44. The stock has a 50-day moving average price of $9.98.

KRAKacquisition Company Profile

Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.