Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 700 shares, a drop of 30.0% from the January 15th total of 1,000 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is currently 0.0 days.

Armada Acquisition Corp. I Stock Performance

Shares of AACIW stock opened at $0.12 on Monday. The firm has a 50 day moving average price of $0.06 and a two-hundred day moving average price of $0.09. Armada Acquisition Corp. I has a 12-month low of $0.01 and a 12-month high of $0.41.

Institutional Investors Weigh In On Armada Acquisition Corp. I

An institutional investor recently bought a new position in Armada Acquisition Corp. I stock. EHP Funds Inc. purchased a new stake in Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 294,501 shares of the company's stock, valued at approximately $89,000.

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