Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 64,500 shares, a drop of 16.6% from the October 31st total of 77,300 shares. Currently, 0.2% of the company's stock are sold short. Based on an average trading volume of 175,300 shares, the short-interest ratio is presently 0.4 days.

Acropolis Infrastructure Acquisition Price Performance

ACRO stock traded down $0.01 during mid-day trading on Friday, hitting $9.86. 353,189 shares of the company were exchanged, compared to its average volume of 86,255. Acropolis Infrastructure Acquisition has a twelve month low of $9.60 and a twelve month high of $9.96. The firm has a fifty day simple moving average of $9.81 and a 200 day simple moving average of $9.74.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ACRO. Condor Capital Management acquired a new position in Acropolis Infrastructure Acquisition during the 3rd quarter worth $49,000. Robinson Capital Management LLC bought a new stake in shares of Acropolis Infrastructure Acquisition during the 3rd quarter valued at about $116,000. Virtu Financial LLC bought a new position in Acropolis Infrastructure Acquisition in the third quarter worth about $255,000. Tuttle Capital Management LLC boosted its stake in Acropolis Infrastructure Acquisition by 15.2% in the third quarter. Tuttle Capital Management LLC now owns 92,379 shares of the company's stock valued at $639,000 after acquiring an additional 12,181 shares during the period. Finally, Aristeia Capital LLC acquired a new position in Acropolis Infrastructure Acquisition in the third quarter valued at approximately $3,397,000. 67.81% of the stock is owned by institutional investors and hedge funds.

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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