Distoken Acquisition Co. (NASDAQ:DISTW) Short Interest Down 34.3% in June

Distoken Acquisition Co. (NASDAQ:DISTW) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 2,300 shares, a drop of 34.3% from the May 31st total of 3,500 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is currently 0.3 days.

Distoken Acquisition Stock Down 35.7 %

NASDAQ:DISTW traded down $0.01 on Friday, reaching $0.02. 125,736 shares of the stock traded hands, compared to its average volume of 17,243. The company’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.02. Distoken Acquisition has a 12 month low of $0.01 and a 12 month high of $0.37.

About Distoken Acquisition

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. It intends to focus on businesses in the technology industry that operates in Asia.