Lake Superior Acquisition Corp (NASDAQ:LKSPR) Short Interest Down 41.3% in May

Lake Superior Acquisition Corp (NASDAQ:LKSPR) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 371 shares, a drop of 41.3% from the May 14th total of 632 shares. Based on an average daily volume of 2,939 shares, the days-to-cover ratio is presently 0.1 days.

Lake Superior Acquisition Stock Up 2.6%

Shares of NASDAQ:LKSPR traded up $0.03 during trading on Monday, reaching $1.03. The stock had a trading volume of 14,466 shares, compared to its average volume of 5,752. Lake Superior Acquisition has a 52 week low of $0.63 and a 52 week high of $4.08. The firm’s fifty day moving average is $1.00.

Lake Superior Acquisition Company Profile

We are a blank check company, incorporated as a British Virgin Islands business company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.