ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 452 shares, a decline of 87.9% from the May 31st total of 3,745 shares. Based on an average daily trading volume, of 3,644 shares, the short-interest ratio is presently 0.1 days.
ARC Group Acquisition I Corp Unit Stock Performance
NASDAQ:ARCLU remained flat at $10.21 during midday trading on Friday. 10,893 shares of the company traded hands, compared to its average volume of 56,789. ARC Group Acquisition I Corp Unit has a one year low of $10.01 and a one year high of $10.50. The company’s fifty day moving average price is $10.17.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised ARC Group Acquisition I Corp Unit to a “hold” rating in a research report on Saturday, May 9th.
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