ARC Group Securities Acquisition I (NASDAQ:FJDI – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 3,327 shares. Based on an average trading volume of 126,401 shares, the days-to-cover ratio is currently 0.0 days.
ARC Group Securities Acquisition I Price Performance
FJDI remained flat at $9.88 on Wednesday. The company’s stock had a trading volume of 112 shares, compared to its average volume of 79,309. ARC Group Securities Acquisition I has a 12-month low of $9.84 and a 12-month high of $9.90.
About ARC Group Securities Acquisition I
ARC Group Securities Acquisition I, Inc is a blank-check company, also known as a special purpose acquisition company (SPAC), organized to pursue a business combination with one or more businesses.
The company does not operate a conventional product or service business. Its activities are focused on identifying a potential merger, acquisition, or similar transaction with a target company. Until a transaction is completed, its operations generally consist of evaluating acquisition opportunities and managing corporate and regulatory requirements.
Publicly available information about the company’s specific target industry, geographic focus, operating history, and leadership is limited.
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