Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 2,900 shares, a decrease of 89.3% from the November 30th total of 27,000 shares. Based on an average daily trading volume, of 14,500 shares, the short-interest ratio is currently 0.2 days.

Armada Acquisition Corp. I Stock Performance

NASDAQ AACIW opened at $0.03 on Thursday. Armada Acquisition Corp. I has a twelve month low of $0.01 and a twelve month high of $0.61. The firm's 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.12.

Hedge Funds Weigh In On Armada Acquisition Corp. I

An institutional investor recently bought a new position in Armada Acquisition Corp. I stock. EHP Funds Inc. acquired a new position in shares of Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 294,501 shares of the company's stock, valued at approximately $89,000.

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