Cartica Acquisition Corp (NASDAQ:CITEW) Short Interest Down 52.8% in December

Cartica Acquisition Corp (NASDAQ:CITEW) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 8,300 shares, a decline of 52.8% from the November 30th total of 17,600 shares. Based on an average trading volume of 27,000 shares, the days-to-cover ratio is presently 0.3 days.

Cartica Acquisition Trading Down 18.8 %

NASDAQ CITEW traded down $0.07 on Friday, hitting $0.28. The company’s stock had a trading volume of 10,086 shares, compared to its average volume of 58,385. The company’s 50-day simple moving average is $0.25 and its 200 day simple moving average is $0.18. Cartica Acquisition has a 52-week low of $0.03 and a 52-week high of $0.61.

About Cartica Acquisition

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector.