Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 27,000 shares, a drop of 34.1% from the November 15th total of 41,000 shares. Based on an average daily volume of 14,000 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of Armada Acquisition Corp. I

A hedge fund recently bought a new stake in Armada Acquisition Corp. I stock. EHP Funds Inc. purchased a new position in shares of Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 294,501 shares of the company's stock, valued at approximately $89,000.

Armada Acquisition Corp. I Stock Performance

AACIW stock opened at $0.02 on Friday. The firm's fifty day moving average is $0.05 and its 200 day moving average is $0.14. Armada Acquisition Corp. I has a one year low of $0.01 and a one year high of $0.67.

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