ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 282 shares, a decline of 37.6% from the June 15th total of 452 shares. Based on an average daily volume of 1,051 shares, the days-to-cover ratio is currently 0.3 days.
ARC Group Acquisition I Corp Unit Stock Performance
NASDAQ ARCLU opened at $10.19 on Friday. The firm’s 50 day moving average is $10.20. ARC Group Acquisition I Corp Unit has a fifty-two week low of $10.01 and a fifty-two week high of $10.50.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of ARC Group Acquisition I Corp Unit to a “hold” rating in a research report on Saturday, May 9th.
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