ARC Group Acquisition I Corp (NASDAQ:ARCL) Sees Significant Growth in Short Interest

ARC Group Acquisition I Corp (NASDAQ:ARCLGet Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 14,924 shares, a growth of 126.5% from the July 15th total of 6,590 shares. Based on an average daily volume of 17,731 shares, the days-to-cover ratio is currently 0.8 days.

ARC Group Acquisition I Price Performance

ARC Group Acquisition I stock traded down $0.01 during mid-day trading on Friday, hitting $9.95. 100,323 shares of the company traded hands, compared to its average volume of 78,385. ARC Group Acquisition I has a one year low of $9.85 and a one year high of $9.97. The business’s fifty day moving average price is $9.92.

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