Armada Acquisition Corp. I (NASDAQ:AACIW) Short Interest Up 13.8% in July

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Armada Acquisition Corp. I (NASDAQ: AACIWGet a rating) was the target of significant short-term interest growth in July. As of July 31, there were short interests totaling 37,200 shares, up 13.8% from the July 15 total of 32,700 shares. Based on an average daily trading volume of 7,500 shares, the day-to-cover ratio is currently 5.0 days.

Armada Acquisition Corp. I Price performance

Shares of NASDAQ AACIW opened at $0.15 on Friday. Armada Acquisition Corp. I has a 12-month low of $0.14 and a 12-month high of $0.67. The company has a 50-day simple moving average of $0.20.

Institutional negotiation of Armada Acquisition Corp. I

A hedge fund recently bought a new stake in Armada Acquisition Corp stock. I. EHP Funds Inc. acquired a new position in Armada Acquisition Corp. I (NASDAQ: AACIWGet a rating) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The company purchased 294,501 shares of the company, valued at approximately $89,000.

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