99 Acquisition Group Inc. (NASDAQ:NNAGW) Sees Significant Growth in Short Interest

99 Acquisition Group Inc. (NASDAQ:NNAGW) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 5,900 shares, a growth of 181.0% from the March 31st total of 2,100 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.4 days.

99 Acquisition Group Stock Performance

NNAGW stock remained flat at $0.05 during midday trading on Friday. The company’s stock had a trading volume of 2,200 shares, compared to its average volume of 35,864. The firm has a fifty day moving average of $0.03. 99 Acquisition Group has a 12 month low of $0.01 and a 12 month high of $0.10.

99 Acquisition Group Company Profile

99 Acquisition Group Inc does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space.