Short Interest in Yotta Acquisition Co. (NASDAQ:YOTA) Decreases By 15.4%

Yotta Acquisition Co. (NASDAQ:YOTA) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, a drop of 15.4% from the February 13th total of 1,300 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 1.8 days.

Yotta Acquisition Price Performance

Shares of YOTA stock opened at $11.35 on Tuesday. The business’s 50-day moving average price is $11.43 and its 200-day moving average price is $11.27. Yotta Acquisition has a 12 month low of $10.50 and a 12 month high of $15.49.

About Yotta Acquisition

Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide.