Aquaron Acquisition Corp. (NASDAQ:AQUNR) Sees Significant Drop in Short Interest

Aquaron Acquisition Corp. (NASDAQ:AQUNR) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,800 shares, a decrease of 30.8% from the May 15th total of 2,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.8 days.

Aquaron Acquisition Price Performance

Aquaron Acquisition stock opened at $0.30 on Tuesday. The firm’s 50 day simple moving average is $0.20 and its 200 day simple moving average is $0.22. Aquaron Acquisition has a 1-year low of $0.10 and a 1-year high of $0.35.

About Aquaron Acquisition

Aquaron Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on operating businesses in the new energy sector.