Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Short Interest Down 41.7% in August

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,042 shares, a drop of 41.7% from the July 30th total of 1,788 shares. Based on an average daily trading volume, of 191 shares, the days-to-cover ratio is presently 5.5 days.

Cal Redwood Acquisition Price Performance

CRAQR stock remained flat at $0.16 during midday trading on Tuesday. Cal Redwood Acquisition has a 52-week low of $0.11 and a 52-week high of $0.35. The firm’s fifty day moving average is $0.21 and its two-hundred day moving average is $0.21.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, 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 business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.