Short Interest in KRAKacquisition Corp (NASDAQ:KRAQ) Grows By 1,284.6%

KRAKacquisition Corp (NASDAQ:KRAQ) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 4,860 shares, a growth of 1,284.6% from the April 30th total of 351 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 67,668 shares, the days-to-cover ratio is presently 0.1 days.

KRAKacquisition Stock Performance

KRAQ stock opened at $9.92 on Thursday. KRAKacquisition has a twelve month low of $9.78 and a twelve month high of $10.01. The business’s 50 day moving average is $9.90.

KRAKacquisition Company Profile

Krakacquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.