Armada Acquisition Corp. I (NASDAQ:AACIW) Short Interest Update

Armada Acquisition Corp. I (NASDAQ:AACIW) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 27,519 shares, a decrease of 34.9% from the May 31st total of 42,258 shares. Based on an average trading volume of 23,334 shares, the short-interest ratio is currently 1.2 days.

Armada Acquisition Corp. I Trading Up 15.2%

NASDAQ AACIW opened at $0.38 on Thursday. Armada Acquisition Corp. I has a one year low of $0.18 and a one year high of $0.38. The stock has a 50 day moving average price of $0.28 and a 200-day moving average price of $0.71.

About Armada Acquisition Corp. I

Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.