KRAKacquisition Corp (NASDAQ:KRAQ) Stock Short Interest Report for October

KRAKacquisition Corp (NASDAQ:KRAQ) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 216 shares, a drop of 97.9% from the September 30th total of 10,178 shares. Based on an average daily volume of 76,207 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of KRAKacquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

KRAKacquisition Trading Up 0.2%

Shares of NASDAQ KRAQ traded up $0.02 during mid-day trading on Monday, hitting $10.01. 556,412 shares of the company traded hands, compared to its average volume of 102,952. KRAKacquisition has a 1 year low of $9.78 and a 1 year high of $10.44. The business has a 50 day moving average of $10.02 and a two-hundred day moving average of $9.97.

About KRAKacquisition

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.