Lake Superior Acquisition Corp (NASDAQ:LKSPR) Short Interest Update

Lake Superior Acquisition Corp (NASDAQ:LKSPR) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 371 shares, a decline of 41.3% from the May 14th total of 632 shares. Based on an average trading volume of 2,939 shares, the short-interest ratio is presently 0.1 days.

Lake Superior Acquisition Trading Down 0.8%

LKSPR traded down $0.01 during midday trading on Tuesday, reaching $1.08. 704 shares of the company’s stock were exchanged, compared to its average volume of 5,678. The company’s 50-day moving average price is $1.00. Lake Superior Acquisition has a 1-year low of $0.63 and a 1-year high of $4.08.

About Lake Superior Acquisition

We are a blank check company, incorporated as a British Virgin Islands business company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.