Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Short Interest Update

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,429 shares, a decline of 94.0% from the May 31st total of 23,929 shares. Based on an average daily trading volume, of 60 shares, the days-to-cover ratio is presently 23.8 days.

Cal Redwood Acquisition Stock Performance

Shares of NASDAQ:CRAQR traded up $0.07 during midday trading on Friday, reaching $0.23. 121,331 shares of the company were exchanged, compared to its average volume of 19,643. The company’s fifty day moving average is $0.19. Cal Redwood Acquisition has a one year low of $0.11 and a one year high of $0.35.

Cal Redwood Acquisition Company Profile

We are a blank check company incorporated on January 7, 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 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.