Screaming Eagle Acquisition Corp. (NASDAQ:SCRMW) Sees Large Increase in Short Interest

Screaming Eagle Acquisition Corp. (NASDAQ:SCRMWGet Free Report) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 214,200 shares, a growth of 107,000.0% from the March 31st total of 200 shares. Based on an average daily volume of 97,700 shares, the days-to-cover ratio is presently 2.2 days.

Screaming Eagle Acquisition Stock Performance

SCRMW stock opened at $0.49 on Friday. Screaming Eagle Acquisition has a 52-week low of $0.04 and a 52-week high of $0.52. The stock’s 50 day moving average is $0.47 and its two-hundred day moving average is $0.34.

About Screaming Eagle Acquisition

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Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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