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.
Get Acropolis Infrastructure Acquisition alerts: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
(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.
Featured Stories
- Get a free copy of the StockNews.com research report on Acropolis Infrastructure Acquisition (ACRO)
- Why CSL Ltd Stock Could Be Worth a Look
- MarketBeat: Week in Review 11/28 – 12/02
- Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
- Institutions Are Buying Ambarella, Should You?
- Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Receive News & Ratings for Acropolis Infrastructure Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acropolis Infrastructure Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.