Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 50,000 shares, a decline of 22.5% from the November 15th total of 64,500 shares. Based on an average trading volume of 183,200 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Acropolis Infrastructure Acquisition Stock Performance

Shares of ACRO opened at $9.90 on Friday. Acropolis Infrastructure Acquisition has a 12-month low of $9.60 and a 12-month high of $9.96. The stock's 50-day moving average price is $9.84 and its 200 day moving average price is $9.75.

Hedge Funds Weigh In On Acropolis Infrastructure Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Condor Capital Management acquired a new stake in Acropolis Infrastructure Acquisition during the third quarter valued at approximately $49,000. Robinson Capital Management LLC acquired a new stake in Acropolis Infrastructure Acquisition during the third quarter valued at approximately $116,000. Tuttle Capital Management LLC boosted its holdings in Acropolis Infrastructure Acquisition by 15.2% during the third quarter. Tuttle Capital Management LLC now owns 92,379 shares of the company's stock valued at $639,000 after purchasing an additional 12,181 shares in the last quarter. Virtu Financial LLC acquired a new stake in Acropolis Infrastructure Acquisition during the third quarter valued at approximately $255,000. Finally, Mangrove Partners boosted its holdings in Acropolis Infrastructure Acquisition by 98.5% during the third quarter. Mangrove Partners now owns 450,000 shares of the company's stock valued at $4,367,000 after purchasing an additional 223,300 shares in the last quarter. 67.81% of the stock is currently owned by institutional investors.

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.

See Also

• Get a free copy of the StockNews.com research report on Acropolis Infrastructure Acquisition (ACRO)
• Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
• This is no Time to Buy Lennar but the Time is Coming
• Game-Changing News For Mullen Automotive
• Inflation and the Energy Crisis are Two Freight Trains on a Collision Course – Here's How to Prepare
• Is Enterprise Products Partners Fairly Valued?

Receive News & Ratings for Acropolis Infrastructure Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acropolis Infrastructure Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.