ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 282 shares, a drop of 37.6% from the June 15th total of 452 shares. Based on an average daily trading volume, of 1,051 shares, the days-to-cover ratio is presently 0.3 days.
ARC Group Acquisition I Corp Unit Price Performance
Shares of NASDAQ ARCLU opened at $10.21 on Friday. ARC Group Acquisition I Corp Unit has a 1 year low of $10.01 and a 1 year high of $10.50. The firm’s fifty day moving average price is $10.21.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of ARC Group Acquisition I Corp Unit to a “hold” rating in a research report on Saturday, May 9th.
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