ACP Holdings Acquisition Corp. (NASDAQ:ACGC – Get Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 2,179 shares, a growth of 64.3% from the July 30th total of 1,326 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,734 shares, the short-interest ratio is currently 0.5 days.
ACP Holdings Acquisition Trading Up 0.1%
Shares of ACGC stock opened at $10.01 on Monday. ACP Holdings Acquisition has a 12 month low of $9.90 and a 12 month high of $10.89. The stock’s 50-day moving average price is $9.97.
Analyst Ratings Changes
Separately, Weiss Ratings initiated coverage on ACP Holdings Acquisition in a research report on Friday, August 21st. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, ACP Holdings Acquisition presently has a consensus rating of “Sell”.
About ACP Holdings Acquisition
ACP Holdings Acquisition Corp. is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. ACP Holdings Acquisition Corp. is based in Houston, Texas.
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