Charlton Aria Acquisition Co. (NASDAQ:CHARR) Short Interest Update

Charlton Aria Acquisition Co. (NASDAQ:CHARR) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 35,216 shares, a decline of 28.3% from the December 15th total of 49,146 shares. Based on an average daily trading volume, of 3,201 shares, the days-to-cover ratio is currently 11.0 days. Based on an average daily trading volume, of 3,201 shares, the days-to-cover ratio is currently 11.0 days.

Charlton Aria Acquisition Stock Performance

CHARR stock opened at $0.19 on Friday. The firm’s 50-day moving average price is $0.18 and its two-hundred day moving average price is $0.19. Charlton Aria Acquisition has a 12-month low of $0.08 and a 12-month high of $0.29.

Charlton Aria Acquisition Corp (NASDAQ: CHARR) is a special purpose acquisition company (SPAC) organized in April 2021 with the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The company does not currently engage in any commercial operations and intends to focus its efforts on identifying promising enterprises for a merger or acquisition.

The company completed its initial public offering in October 2021 and its units trade on the Nasdaq under the ticker symbol CHARR.