Cayson Acquisition Corp (NASDAQ:CAPNR) Short Interest Update
by Jessica Moore · The Cerbat GemCayson Acquisition Corp (NASDAQ:CAPNR – Get Free Report) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 7,621 shares, a growth of 473.4% from the February 12th total of 1,329 shares. Based on an average daily volume of 4,635 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 4,635 shares, the short-interest ratio is presently 1.6 days.
Cayson Acquisition Stock Performance
Shares of NASDAQ CAPNR traded down $0.06 during mid-day trading on Thursday, hitting $0.18. 2,600 shares of the stock were exchanged, compared to its average volume of 22,563. Cayson Acquisition has a twelve month low of $0.12 and a twelve month high of $0.24. The stock’s fifty day simple moving average is $0.21 and its two-hundred day simple moving average is $0.19.
Cayson Acquisition Corp. is a Delaware-incorporated special purpose acquisition company (SPAC) formed on March 30, 2021. The company completed its initial public offering on the Nasdaq under the ticker CAPNR, raising capital to pursue business combinations with one or more operating companies. As a blank-check vehicle, Cayson Acquisition does not engage in traditional commercial operations until it identifies and consummates a qualifying merger, share exchange, asset acquisition or other similar business combination.
The company’s stated investment focus centers on businesses operating within the “blue economy,” including maritime transportation, port infrastructure, water treatment, environmental sustainability and related sectors.