Alpha Capital Acquisition (NASDAQ:ASPC) Short Interest Update

Alpha Capital Acquisition (NASDAQ:ASPC) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 9,048 shares, a drop of 54.3% from the August 31st total of 19,810 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 16,396 shares, the short-interest ratio is currently 0.6 days.

Alpha Capital Acquisition Stock Performance

Shares of Alpha Capital Acquisition stock traded up $0.01 on Wednesday, hitting $10.81. 440 shares of the company’s stock traded hands, compared to its average volume of 36,286. The firm’s 50-day moving average is $10.83 and its 200 day moving average is $10.97. Alpha Capital Acquisition has a 52-week low of $10.30 and a 52-week high of $63.98.

Alpha Capital Acquisition (NASDAQ:ASPC) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.08 earnings per share (EPS) for the quarter. On average, analysts expect that Alpha Capital Acquisition will post -0.27 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings cut Alpha Capital Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Alpha Capital Acquisition has a consensus rating of “Sell”.

About Alpha Capital Acquisition

Alpha Capital Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Unlike a traditional operating business, the company was established primarily to raise capital through an initial public offering and use those proceeds, together with other financing, to acquire or merge with a target company.

The company has not operated as a provider of products or services in a specific industry.