A SPAC I Acquisition Corp. (NASDAQ:ASCAW) Short Interest Update

A SPAC I Acquisition Corp. (NASDAQ:ASCAW) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 16,000 shares, a decrease of 51.1% from the February 29th total of 32,700 shares. Based on an average trading volume of 43,300 shares, the days-to-cover ratio is presently 0.4 days.

A SPAC I Acquisition Stock Performance

NASDAQ ASCAW opened at $0.04 on Friday. The company’s fifty day moving average is $0.03 and its two-hundred day moving average is $0.02. A SPAC I Acquisition has a 52-week low of $0.01 and a 52-week high of $0.10.

A SPAC I Acquisition Company Profile

A SPAC I Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology, media, and telecom industries in the United States and Asia.