Short Interest in Real Asset Acquisition Corp. (NASDAQ:RAAQU) Rises By 1,800.0%

Real Asset Acquisition Corp. (NASDAQ:RAAQUGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 57 shares, an increase of 1,800.0% from the May 31st total of 3 shares. Based on an average daily trading volume, of 332 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Real Asset Acquisition stock. Cantor Fitzgerald L. P. acquired a new stake in Real Asset Acquisition Corp. (NASDAQ:RAAQUFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,900 shares of the company’s stock, valued at approximately $524,000.

Real Asset Acquisition Price Performance

NASDAQ:RAAQU remained flat at $12.94 during trading hours on Friday. The stock’s fifty day moving average price is $12.90 and its 200 day moving average price is $11.58. Real Asset Acquisition has a twelve month low of $9.20 and a twelve month high of $15.73.

Real Asset Acquisition Company Profile

(Get Free Report)

We are a special purpose acquisition company incorporated on December 9, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, 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 business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

Recommended Stories

Receive News & Ratings for Real Asset Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Asset Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.