Calisa Acquisition Corp (NASDAQ:ALISR) Sees Large Drop in Short Interest

Calisa Acquisition Corp (NASDAQ:ALISR) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 6,489 shares, a drop of 46.4% from the July 15th total of 12,101 shares. Based on an average trading volume of 2,711 shares, the short-interest ratio is presently 2.4 days.

Calisa Acquisition Price Performance

Shares of NASDAQ:ALISR opened at $0.62 on Monday. Calisa Acquisition has a 12-month low of $0.11 and a 12-month high of $0.87. The business has a 50 day moving average of $0.66 and a two-hundred day moving average of $0.59.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.