Calisa Acquisition Corp (NASDAQ:ALISR) Sees Large Drop in Short Interest

Calisa Acquisition Corp (NASDAQ:ALISR) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 6,489 shares, a decrease of 46.4% from the July 15th total of 12,101 shares. Based on an average daily volume of 2,711 shares, the days-to-cover ratio is currently 2.4 days.

Calisa Acquisition Stock Performance

NASDAQ ALISR opened at $0.62 on Friday. The firm has a 50-day moving average of $0.66 and a 200-day moving average of $0.59. Calisa Acquisition has a 52-week low of $0.11 and a 52-week high of $0.87.

About Calisa Acquisition

We are a blank check company incorporated on March 11, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. Although we are not limited to target businesses in any specific industry or geographic location, we intend to initially focus our search on target businesses in Asia.