Iron Dome Acquisition I Corp. (NASDAQ:IDAC) Short Interest Update

by · The Markets Daily

Iron Dome Acquisition I Corp. (NASDAQ:IDAC – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,285 shares, a drop of 57.3% from the August 31st total of 3,011 shares. Based on an average daily trading volume, of 39,399 shares, the short-interest ratio is currently 0.0 days.

Iron Dome Acquisition I Stock Performance

Shares of NASDAQ:IDAC traded up $0.06 on Monday, reaching $10.06. 429 shares of the company’s stock were exchanged, compared to its average volume of 22,011. The business has a 50-day simple moving average of $10.00. Iron Dome Acquisition I has a fifty-two week low of $9.90 and a fifty-two week high of $10.05.

Iron Dome Acquisition I Company Profile

(Get Free Report)

Iron Dome Acquisition I (NASDAQ: IDAC) is a special purpose acquisition company, or SPAC. The company was formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more operating businesses.

Unlike an operating company, Iron Dome Acquisition I does not currently appear to manufacture products or provide commercial services of its own. Its activities are focused on identifying a suitable target and completing a proposed transaction, subject to applicable approvals and other conditions.

Publicly available information about the company’s target industries, geographic focus, operating history and leadership is limited.

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