Short Interest in Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Decreases By 94.0%

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,429 shares, a decline of 94.0% from the May 31st total of 23,929 shares. Based on an average daily volume of 60 shares, the days-to-cover ratio is presently 23.8 days.

Cal Redwood Acquisition Price Performance

Cal Redwood Acquisition stock remained flat at $0.16 during trading hours on Thursday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 17,332. Cal Redwood Acquisition has a 12 month low of $0.11 and a 12 month high of $0.35. The business has a fifty day simple moving average of $0.19.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.