Cal Redwood Acquisition Corp. (NASDAQ:CRAQR) Sees Significant Decrease in Short Interest

Cal Redwood Acquisition Corp. (NASDAQ:CRAQR – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,042 shares, a decline of 41.7% from the July 30th total of 1,788 shares. Based on an average daily volume of 191 shares, the days-to-cover ratio is presently 5.5 days.

Cal Redwood Acquisition Stock Performance

CRAQR opened at $0.16 on Wednesday. Cal Redwood Acquisition has a 52 week low of $0.11 and a 52 week high of $0.35. The business has a fifty day simple moving average of $0.21 and a 200-day simple moving average of $0.20.

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About Cal Redwood Acquisition

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We are a blank check company incorporated on January 7, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

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