Cartica Acquisition Corp (NASDAQ:CITEW) Short Interest Down 44.6% in January

Cartica Acquisition Corp (NASDAQ:CITEW) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 4,600 shares, a drop of 44.6% from the December 31st total of 8,300 shares. Based on an average daily volume of 30,800 shares, the short-interest ratio is presently 0.1 days.

Cartica Acquisition Price Performance

CITEW traded down $0.00 during trading hours on Wednesday, reaching $0.26. 813 shares of the company’s stock traded hands, compared to its average volume of 48,585. The firm has a 50-day moving average price of $0.31 and a 200 day moving average price of $0.21. Cartica Acquisition has a 52-week low of $0.03 and a 52-week high of $0.61.

About Cartica Acquisition

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.