AMR Resources Acquisition Corp. (NASDAQ:AMACU – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 430 shares, a drop of 92.4% from the July 30th total of 5,694 shares. Based on an average daily trading volume, of 18,457 shares, the days-to-cover ratio is currently 0.0 days.
AMR Resources Acquisition Stock Performance
AMACU traded up $0.03 during trading hours on Tuesday, hitting $9.97. The company’s stock had a trading volume of 2,002 shares, compared to its average volume of 164,105. AMR Resources Acquisition has a 12 month low of $9.94 and a 12 month high of $10.05.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of AMR Resources Acquisition to a “hold” rating in a research note on Saturday, July 25th.
AMR Resources Acquisition Company Profile
We are a blank check company incorporated on December 16, 2025 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 specific 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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