Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 10,200 shares, an increase of 17.2% from the August 15th total of 8,700 shares. Based on an average daily trading volume, of 60,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's shares are sold short.
Institutional Investors Weigh In On Acropolis Infrastructure Acquisition
Several large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Acropolis Infrastructure Acquisition by 155.4% in the first quarter. Bank of America Corp DE now owns 679,931 shares of the company's stock valued at $6,602,000 after purchasing an additional 413,757 shares in the last quarter. Empyrean Capital Partners LP bought a new stake in Acropolis Infrastructure Acquisition in the first quarter valued at approximately $9,710,000. Goldman Sachs Group Inc. boosted its holdings in shares of Acropolis Infrastructure Acquisition by 1,304.0% in the first quarter. Goldman Sachs Group Inc. now owns 453,284 shares of the company's stock valued at $4,401,000 after buying an additional 420,999 shares during the period. Finally, Tuttle Capital Management LLC boosted its holdings in shares of Acropolis Infrastructure Acquisition by 24.9% in the first quarter. Tuttle Capital Management LLC now owns 100,588 shares of the company's stock valued at $729,000 after buying an additional 20,044 shares during the period. Institutional investors own 67.81% of the company's stock.
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Acropolis Infrastructure Acquisition Stock Performance
NYSE:ACRO remained flat at $9.70 during trading hours on Monday. 2,956 shares of the company's stock traded hands, compared to its average volume of 60,810. Acropolis Infrastructure Acquisition has a 1 year low of $9.60 and a 1 year high of $9.81. The firm has a 50 day moving average price of $9.71 and a 200 day moving average price of $9.70.
About Acropolis Infrastructure Acquisition
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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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