Karman Line Acquisition Corp. (NASDAQ:XTERU) Short Interest Up ∞ in August

Karman Line Acquisition Corp. (NASDAQ:XTERU) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,374 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 927,730 shares, the short-interest ratio is currently 0.0 days.

Karman Line Acquisition Trading Up 0.2%

Shares of NASDAQ:XTERU opened at $9.93 on Thursday. Karman Line Acquisition has a 12-month low of $9.90 and a 12-month high of $10.00.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Karman Line Acquisition to a “hold” rating in a research report on Saturday, August 29th.

Karman Line Acquisition Company Profile

Karman Line Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

As a SPAC, Karman Line Acquisition does not have an established operating business, product portfolio or geographic customer base of its own. Its primary activities are evaluating potential acquisition targets and seeking shareholder approval for a proposed transaction.

Publicly available information about the company’s specific acquisition criteria, leadership and target industries is limited.