Short Interest in ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU) Expands By 384.1%

ARC Group Acquisition I Corp Unit (NASDAQ:ARCLU – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,370 shares, an increase of 384.1% from the August 15th total of 283 shares. Based on an average daily trading volume, of 3,351 shares, the days-to-cover ratio is currently 0.4 days.

ARC Group Acquisition I Corp Unit Trading Up 0.2%

ARCLU traded up $0.02 during trading on Friday, hitting $10.25. 3,570 shares of the company’s stock were exchanged, compared to its average volume of 37,967. The firm’s 50 day moving average price is $10.20. ARC Group Acquisition I Corp Unit has a fifty-two week low of $10.01 and a fifty-two week high of $10.50.

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