KRAKacquisition Corp (NASDAQ:KRAQ) Sees Significant Growth in Short Interest

KRAKacquisition Corp (NASDAQ:KRAQ) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 4,860 shares, a growth of 1,284.6% from the April 30th total of 351 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 67,668 shares, the short-interest ratio is currently 0.1 days.

KRAKacquisition Stock Down 0.1%

KRAKacquisition stock traded down $0.01 during mid-day trading on Wednesday, hitting $9.92. The company had a trading volume of 37,621 shares, compared to its average volume of 43,266. KRAKacquisition has a 1 year low of $9.78 and a 1 year high of $10.01. The business has a fifty day moving average of $9.90.

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.