Cayson Acquisition Corp (NASDAQ:CAPNR) Short Interest Down 53.5% in February

Cayson Acquisition Corp (NASDAQ:CAPNR) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,329 shares, a decline of 53.5% from the January 29th total of 2,858 shares. Based on an average daily volume of 26,817 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 26,817 shares, the short-interest ratio is presently 0.0 days.

Cayson Acquisition Stock Performance

Shares of Cayson Acquisition stock traded down $0.01 during midday trading on Friday, hitting $0.22. The company’s stock had a trading volume of 100 shares, compared to its average volume of 28,213. Cayson Acquisition has a 1-year low of $0.12 and a 1-year high of $0.40. The stock has a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.19.

Cayson Acquisition Corp. is a Delaware-incorporated special purpose acquisition company (SPAC) formed on March 30, 2021. The company completed its initial public offering on the Nasdaq under the ticker CAPNR, raising capital to pursue business combinations with one or more operating companies. As a blank-check vehicle, Cayson Acquisition does not engage in traditional commercial operations until it identifies and consummates a qualifying merger, share exchange, asset acquisition or other similar business combination.

The company’s stated investment focus centers on businesses operating within the “blue economy,” including maritime transportation, port infrastructure, water treatment, environmental sustainability and related sectors.