Catalyst Acquisition Corp. (NASDAQ:CATL) Sees Significant Growth in Short Interest

Catalyst Acquisition Corp. (NASDAQ:CATL) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,636 shares. Based on an average daily volume of 46,382 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Catalyst Acquisition to a “hold” rating in a report on Saturday, September 19th.

Catalyst Acquisition Trading Down 0.2%

Shares of NASDAQ CATL traded down $0.01 during midday trading on Wednesday, hitting $9.79. 1,224 shares of the company’s stock were exchanged, compared to its average volume of 30,847. Catalyst Acquisition has a 12 month low of $9.78 and a 12 month high of $10.12.

Catalyst Acquisition Company Profile

Catalyst Acquisition Corp. is a blank check company. It 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. Catalyst Acquisition Corp. is based in SANTA MONICA, CA.