Iron Dome Acquisition I Corp. (NASDAQ:IDAC) Stock Short Interest Declines 57.3%

Iron Dome Acquisition I Corp. (NASDAQ:IDAC – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,285 shares, a drop of 57.3% from the August 31st total of 3,011 shares. Based on an average daily volume of 39,399 shares, the short-interest ratio is presently 0.0 days.

Iron Dome Acquisition I Stock Up 0.6%

Shares of Iron Dome Acquisition I stock traded up $0.06 during trading hours on Monday, reaching $10.06. 429 shares of the company’s stock were exchanged, compared to its average volume of 22,011. Iron Dome Acquisition I has a 52-week low of $9.90 and a 52-week high of $10.05. The company’s fifty day moving average is $10.00.

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Iron Dome Acquisition I Company Profile

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Iron Dome Acquisition I (NASDAQ: IDAC) is a special purpose acquisition company, or SPAC. The company was formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more operating businesses.

Unlike an operating company, Iron Dome Acquisition I does not currently appear to manufacture products or provide commercial services of its own. Its activities are focused on identifying a suitable target and completing a proposed transaction, subject to applicable approvals and other conditions.

Publicly available information about the company’s target industries, geographic focus, operating history and leadership is limited.

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