Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) saw a large decline in short interest in December. As of December 30th, there was short interest totalling 2,700 shares, a decline of 6.9% from the December 15th total of 2,900 shares. Based on an average daily trading volume, of 31,500 shares, the days-to-cover ratio is currently 0.1 days.

Armada Acquisition Corp. I Stock Down 5.3 %

Shares of AACIW opened at $0.09 on Tuesday. The firm's 50 day moving average is $0.04 and its 200-day moving average is $0.10. Armada Acquisition Corp. I has a 12-month low of $0.01 and a 12-month high of $0.41.

Institutional Inflows and Outflows

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) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 294,501 shares of the company's stock, valued at approximately $89,000.

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