KRAKacquisition Corp (NASDAQ:KRAQ – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 216 shares, a decrease of 97.9% from the September 30th total of 10,178 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 76,207 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Ratings Changes
Separately, Weiss Ratings raised KRAKacquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Read Our Latest Report on KRAQ
KRAKacquisition Price Performance
Shares of KRAQ stock opened at $10.01 on Tuesday. The stock has a market cap of $375.38 million and a PE ratio of 143.00. The stock has a 50-day moving average of $10.02 and a 200-day moving average of $9.97. KRAKacquisition has a one year low of $9.78 and a one year high of $10.44.
KRAKacquisition Company Profile
Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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