Short Interest in AleAnna Inc – Warrants (NASDAQ:ANNAW) Grows By 53.4%

AleAnna Inc – Warrants (NASDAQ:ANNAW) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 7,573 shares, a growth of 53.4% from the January 15th total of 4,937 shares. Based on an average daily volume of 50,694 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 50,694 shares, the days-to-cover ratio is currently 0.1 days.

AleAnna Inc – Warrants Price Performance

NASDAQ:ANNAW remained flat at $0.20 during midday trading on Friday. 1 shares of the company were exchanged, compared to its average volume of 31,953. The business has a 50 day moving average of $0.18 and a two-hundred day moving average of $0.19. AleAnna Inc – Warrants has a 52 week low of $0.12 and a 52 week high of $0.53.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.