Cambridge Acquisition Corp (NASDAQ:CAQUU – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 746 shares, an increase of 91.3% from the August 31st total of 390 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.
Cambridge Acquisition Stock Performance
NASDAQ:CAQUU remained flat at $10.07 on Wednesday. The company’s fifty day moving average is $10.11 and its two-hundred day moving average is $10.02. Cambridge Acquisition has a 52-week low of $9.90 and a 52-week high of $10.75.
Cambridge Acquisition Company Profile
Cambridge Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. The company does not operate a commercial business of its own and was established to pursue a merger, acquisition, stock purchase, reorganization or similar transaction.
Its securities trade under separate symbols for the company’s units, common stock and warrants, including the unit symbol CAQUU. The proceeds from its public offering are intended to support the search for a suitable target and the completion of a potential transaction.
Cambridge Acquisition has not publicly identified a completed acquisition or an operating subsidiary in the available information.
Further Reading
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