ARC Group Securities Acquisition I (NASDAQ:FJDI – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,327 shares. Based on an average trading volume of 126,401 shares, the days-to-cover ratio is presently 0.0 days.
ARC Group Securities Acquisition I Stock Performance
Shares of FJDI traded up $0.03 during mid-day trading on Friday, reaching $9.89. The company had a trading volume of 20,279 shares, compared to its average volume of 69,590. ARC Group Securities Acquisition I has a 1-year low of $9.84 and a 1-year high of $9.90.
ARC Group Securities Acquisition I Company Profile
ARC Group Securities Acquisition I, Inc is a blank-check company, also known as a special purpose acquisition company (SPAC), organized to pursue a business combination with one or more businesses.
The company does not operate a conventional product or service business. Its activities are focused on identifying a potential merger, acquisition, or similar transaction with a target company. Until a transaction is completed, its operations generally consist of evaluating acquisition opportunities and managing corporate and regulatory requirements.
Publicly available information about the company’s specific target industry, geographic focus, operating history, and leadership is limited.
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