Charlton Aria Acquisition Co. (NASDAQ:CHARR) Short Interest Update

Charlton Aria Acquisition Co. (NASDAQ:CHARR) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 22,530 shares, a decrease of 36.0% from the April 15th total of 35,190 shares. Based on an average trading volume of 35,730 shares, the days-to-cover ratio is currently 0.6 days.

Charlton Aria Acquisition Trading Down 0.9%

Shares of CHARR traded down $0.00 during mid-day trading on Monday, reaching $0.08. The company’s stock had a trading volume of 600 shares, compared to its average volume of 26,843. Charlton Aria Acquisition has a 12-month low of $0.03 and a 12-month high of $0.29. The company’s 50 day moving average is $0.12 and its 200 day moving average is $0.15.

Charlton Aria Acquisition Corp (NASDAQ: CHARR) is a special purpose acquisition company (SPAC) organized in April 2021 with the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The company does not currently engage in any commercial operations and intends to focus its efforts on identifying promising enterprises for a merger or acquisition.

The company completed its initial public offering in October 2021 and its units trade on the Nasdaq under the ticker symbol CHARR.