American Drive Acquisition Company Units (NASDAQ:ADACU – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,771 shares, a drop of 42.8% from the April 30th total of 3,095 shares. Based on an average daily volume of 2,092 shares, the short-interest ratio is presently 0.8 days.
American Drive Acquisition Company Units Stock Performance
ADACU stock remained flat at $10.05 during midday trading on Tuesday. The business’s fifty day simple moving average is $10.02. American Drive Acquisition Company Units has a twelve month low of $9.95 and a twelve month high of $10.25.
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