Cartica Acquisition Corp (NASDAQ:CITEW) Short Interest Down 41.9% in October

Cartica Acquisition Corp (NASDAQ:CITEW) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 58,300 shares, a drop of 41.9% from the October 15th total of 100,400 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is presently 3.8 days.

Cartica Acquisition Stock Down 1.6 %

NASDAQ:CITEW traded down $0.00 during mid-day trading on Thursday, reaching $0.21. 300 shares of the company were exchanged, compared to its average volume of 58,482. Cartica Acquisition has a 12 month low of $0.03 and a 12 month high of $0.26. The company has a fifty day moving average of $0.14 and a 200 day moving average of $0.12.

Cartica Acquisition Company Profile

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.