Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totalling 7,800 shares, an increase of 21.9% from the July 15th total of 6,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 28,700 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Acropolis Infrastructure Acquisition

Several hedge funds and other institutional investors have recently bought and sold shares of ACRO. Bank of America Corp DE grew its stake in shares of Acropolis Infrastructure Acquisition by 155.4% during the 1st quarter. Bank of America Corp DE now owns 679,931 shares of the company's stock worth $6,602,000 after purchasing an additional 413,757 shares during the period. Empyrean Capital Partners LP acquired a new stake in shares of Acropolis Infrastructure Acquisition during the 1st quarter worth approximately $9,710,000. Goldman Sachs Group Inc. grew its stake in shares of Acropolis Infrastructure Acquisition by 1,304.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 453,284 shares of the company's stock worth $4,401,000 after purchasing an additional 420,999 shares during the period. Tuttle Capital Management LLC grew its stake in shares of Acropolis Infrastructure Acquisition by 24.9% during the 1st quarter. Tuttle Capital Management LLC now owns 100,588 shares of the company's stock worth $729,000 after purchasing an additional 20,044 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in shares of Acropolis Infrastructure Acquisition during the 4th quarter worth approximately $143,000. Institutional investors and hedge funds own 62.21% of the company's stock.

Acropolis Infrastructure Acquisition Stock Performance

Shares of ACRO traded down $0.05 during mid-day trading on Monday, hitting $9.75. 2,506 shares of the company traded hands, compared to its average volume of 44,217. Acropolis Infrastructure Acquisition has a 1-year low of $9.60 and a 1-year high of $9.82. The business has a 50 day moving average of $9.70 and a 200 day moving average of $9.69.

About Acropolis Infrastructure Acquisition

Acropolis Infrastructure Acquisition Corp. does not have significant operations. It intends to effect a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities in the infrastructure, infrastructure services, and related sectors in North America.

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