AleAnna Inc – Warrants (NASDAQ:ANNAW) Short Interest Update

AleAnna Inc – Warrants (NASDAQ:ANNAW) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 108,497 shares, an increase of 64.1% from the July 30th total of 66,098 shares. Based on an average trading volume of 33,807 shares, the short-interest ratio is currently 3.2 days.

AleAnna Inc – Warrants Price Performance

NASDAQ:ANNAW opened at $0.17 on Monday. AleAnna Inc – Warrants has a one year low of $0.12 and a one year high of $1.28. The company’s 50-day simple moving average is $0.24 and its 200 day simple moving average is $0.33.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.