Short Interest in ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU) Grows By 384.1%

ARC Group Acquisition I Corp Unit (NASDAQ:ARCLUGet Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,370 shares, an increase of 384.1% from the August 15th total of 283 shares. Based on an average trading volume of 3,351 shares, the short-interest ratio is currently 0.4 days.

ARC Group Acquisition I Corp Unit Stock Performance

Shares of NASDAQ:ARCLU traded up $0.02 during trading on Friday, reaching $10.25. 3,554 shares of the company traded hands, compared to its average volume of 37,966. The business’s 50 day moving average price is $10.21. ARC Group Acquisition I Corp Unit has a 52 week low of $10.01 and a 52 week high of $10.50.

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