Catalyst Acquisition Corp. (NASDAQ:CATL) Stock Short Interest Report for September

Catalyst Acquisition Corp. (NASDAQ:CATL) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,636 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 46,382 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Catalyst Acquisition to a “hold” rating in a research note on Saturday, September 19th.

Catalyst Acquisition Stock Up 0.2%

CATL traded up $0.02 during trading on Friday, reaching $9.79. 3,691 shares of the company’s stock were exchanged, compared to its average volume of 35,752. Catalyst Acquisition has a fifty-two week low of $9.75 and a fifty-two week high of $10.12.

About Catalyst Acquisition

Catalyst Acquisition Company (NASDAQ: CATL) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its potential transactions may include a merger, acquisition, share exchange, or similar corporate reorganization.

Unlike an operating company, Catalyst Acquisition Company does not primarily sell products or services of its own. Its activities are focused on evaluating potential target businesses, conducting due diligence, negotiating transaction terms, and seeking shareholder approval for a proposed combination.

Public information about the company’s operating history, geographic markets, leadership, and completed or pending business activities is limited.