Acropolis Infrastructure Acquisition Corp. (NYSE:ACRO – Get Rating) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 7,800 shares, an increase of 21.9% from the July 15th total of 6,400 shares. Based on an average daily volume of 28,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company's shares are sold short.
Acropolis Infrastructure Acquisition Stock Performance
Shares of ACRO stock traded down $0.05 during trading hours on Monday, hitting $9.75. 2,506 shares of the company were exchanged, compared to its average volume of 44,217. The company has a 50 day simple moving average of $9.70 and a two-hundred day simple moving average of $9.69. Acropolis Infrastructure Acquisition has a fifty-two week low of $9.60 and a fifty-two week high of $9.82.
Get Acropolis Infrastructure Acquisition alerts:Hedge Funds Weigh In On Acropolis Infrastructure Acquisition
Several large investors have recently bought and sold shares of ACRO. OLD Mission Capital LLC purchased a new position in shares of Acropolis Infrastructure Acquisition during the fourth quarter worth about $143,000. Tuttle Capital Management LLC boosted its stake in Acropolis Infrastructure Acquisition by 24.9% in the first quarter. Tuttle Capital Management LLC now owns 100,588 shares of the company's stock worth $729,000 after buying an additional 20,044 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in 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 purchasing an additional 420,999 shares during the last quarter. Bank of America Corp DE lifted its position 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 during the last quarter. Finally, Empyrean Capital Partners LP bought a new stake in Acropolis Infrastructure Acquisition in the first quarter valued at approximately $9,710,000. 62.21% of the stock is currently owned by institutional investors.
Acropolis Infrastructure Acquisition Company Profile
(Get Rating)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
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