Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 25,500 shares, a drop of 11.1% from the December 31st total of 28,700 shares. Based on an average daily volume of 78,800 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Condor Capital Management bought a new position in shares of Acropolis Infrastructure Acquisition during the third quarter worth about $49,000. Robinson Capital Management LLC bought a new position in Acropolis Infrastructure Acquisition during the 3rd quarter worth approximately $116,000. Virtu Financial LLC acquired a new position in shares of Acropolis Infrastructure Acquisition in the 3rd quarter worth approximately $255,000. Tuttle Capital Management LLC boosted its stake in shares of Acropolis Infrastructure Acquisition by 15.2% in the 3rd 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 during the last quarter. Finally, Aristeia Capital LLC acquired a new stake in shares of Acropolis Infrastructure Acquisition during the third quarter worth $3,397,000. Institutional investors and hedge funds own 68.81% of the company's stock.

Acropolis Infrastructure Acquisition Stock Performance

NYSE ACRO opened at $10.06 on Tuesday. The business has a fifty day moving average price of $9.94 and a two-hundred day moving average price of $9.82. Acropolis Infrastructure Acquisition has a fifty-two week low of $9.60 and a fifty-two week high of $10.31.

Acropolis Infrastructure Acquisition Company Profile

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.

Further Reading

• Get a free copy of the StockNews.com research report on Acropolis Infrastructure Acquisition (ACRO)
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