ACP Holdings Acquisition Corp. (NASDAQ:ACGC) Stock Short Interest Drops 50.1%

ACP Holdings Acquisition Corp. (NASDAQ:ACGC – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 577 shares, a decline of 50.1% from the September 15th total of 1,157 shares. Based on an average daily trading volume, of 63,853 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ACP Holdings Acquisition Stock Performance

NASDAQ:ACGC opened at $10.06 on Wednesday. ACP Holdings Acquisition has a 52-week low of $9.90 and a 52-week high of $10.89. The company’s fifty day moving average is $10.04.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of ACP Holdings Acquisition in a report on Friday, August 21st. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, ACP Holdings Acquisition has a consensus rating of “Sell”.

Read Our Latest Research Report on ACGC

ACP Holdings Acquisition Company Profile

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ACP Holdings Acquisition Corp. is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. ACP Holdings Acquisition Corp. is based in Houston, Texas.

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