BYTE Acquisition Corp. (NASDAQ:BYTSW – Get Rating) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 52,100 shares, a drop of 7.6% from the December 31st total of 56,400 shares. Based on an average daily volume of 25,900 shares, the days-to-cover ratio is currently 2.0 days.

BYTE Acquisition Stock Up 10.2 %

Shares of BYTE Acquisition stock traded up $0.01 during midday trading on Monday, hitting $0.06. The company had a trading volume of 5,739 shares, compared to its average volume of 6,896. BYTE Acquisition has a 12-month low of $0.01 and a 12-month high of $0.45.

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