Calisa Acquisition Corp (NASDAQ:ALISU – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,777 shares. Based on an average trading volume of 10,137 shares, the days-to-cover ratio is currently 0.4 days.
Calisa Acquisition Trading Down 4.7%
Shares of ALISU traded down $0.44 during mid-day trading on Friday, reaching $8.96. 19,072 shares of the stock traded hands, compared to its average volume of 4,735. The stock has a fifty day simple moving average of $11.68 and a 200 day simple moving average of $10.94. Calisa Acquisition has a 12-month low of $7.49 and a 12-month high of $52.99.
About Calisa Acquisition
Calisa Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its potential transaction could take the form of a merger, share exchange, asset acquisition, share purchase, reorganization or similar combination.
As a SPAC, Calisa Acquisition does not operate a traditional business or offer products and services of its own. Its activities are focused on evaluating prospective target companies and pursuing a suitable transaction, subject to customary approval and closing conditions.
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