Real Asset Acquisition Corp. (NASDAQ:RAAQU – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 3 shares, a decrease of 99.0% from the May 14th total of 301 shares. Based on an average trading volume of 585 shares, the short-interest ratio is currently 0.0 days.
Real Asset Acquisition Trading Down 2.8%
Shares of RAAQU stock traded down $0.38 on Thursday, reaching $12.94. The company’s stock had a trading volume of 12 shares, compared to its average volume of 7,180. Real Asset Acquisition has a 12-month low of $9.20 and a 12-month high of $14.73. The stock’s 50 day simple moving average is $12.50 and its 200-day simple moving average is $11.39.
Institutional Investors Weigh In On Real Asset Acquisition
A hedge fund recently raised its stake in Real Asset Acquisition stock. Clear Street Group Inc. increased its holdings in Real Asset Acquisition Corp. (NASDAQ:RAAQU – Free Report) by 67.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,289 shares of the company’s stock after purchasing an additional 48,224 shares during the quarter. Clear Street Group Inc.’s holdings in Real Asset Acquisition were worth $1,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About Real Asset Acquisition
We are a special purpose acquisition company incorporated on December 9, 2024 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.
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