ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 282 shares, a decrease of 37.6% from the June 15th total of 452 shares. Based on an average daily trading volume, of 1,051 shares, the short-interest ratio is currently 0.3 days.
ARC Group Acquisition I Corp Unit Price Performance
Shares of ARC Group Acquisition I Corp Unit stock remained flat at $10.21 during trading on Friday. The firm’s 50-day moving average price is $10.21. ARC Group Acquisition I Corp Unit has a 1-year low of $10.01 and a 1-year high of $10.50.
Analyst Upgrades and Downgrades
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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