AleAnna Inc – Warrants (NASDAQ:ANNAW) Short Interest Update

AleAnna Inc – Warrants (NASDAQ:ANNAW) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 200 shares, a decline of 96.6% from the April 30th total of 5,851 shares. Based on an average daily volume of 56,137 shares, the days-to-cover ratio is currently 0.0 days.

AleAnna Inc – Warrants Stock Performance

AleAnna Inc – Warrants stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.28. The company’s stock had a trading volume of 109,150 shares, compared to its average volume of 145,923. The business has a 50 day moving average price of $0.47 and a 200-day moving average price of $0.29. AleAnna Inc – Warrants has a twelve month low of $0.12 and a twelve month high of $1.28.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.