Short Interest in Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Decreases By 94.0%

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,429 shares, a decrease of 94.0% from the May 31st total of 23,929 shares. Based on an average daily volume of 60 shares, the days-to-cover ratio is currently 23.8 days.

Cal Redwood Acquisition Stock Performance

Shares of CRAQR remained flat at $0.16 during mid-day trading on Thursday. 200 shares of the stock were exchanged, compared to its average volume of 17,332. Cal Redwood Acquisition has a fifty-two week low of $0.11 and a fifty-two week high of $0.35. The business’s 50-day simple moving average is $0.19.

About Cal Redwood Acquisition

We are a blank check company incorporated on January 7, 2025 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.