Cambridge Acquisition Corp (NASDAQ:CAQUU – Get Free Report) was the target of a significant increase in short interest in 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 trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Cambridge Acquisition Stock Performance
CAQUU opened at $10.07 on Tuesday. Cambridge Acquisition has a twelve month low of $9.90 and a twelve month high of $10.75. The company’s 50-day moving average price is $10.11 and its two-hundred day moving average price is $10.02.
About Cambridge Acquisition
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.
See Also
- Five stocks we like better than Cambridge Acquisition
- Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
Receive News & Ratings for Cambridge Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambridge Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
