AleAnna Inc – Warrants (NASDAQ:ANNAW) Short Interest Update

AleAnna Inc – Warrants (NASDAQ:ANNAW) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 9,830 shares, an increase of 124.6% from the February 12th total of 4,376 shares. Based on an average daily volume of 17,743 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 17,743 shares, the short-interest ratio is presently 0.6 days.

AleAnna Inc – Warrants Price Performance

ANNAW stock opened at $0.31 on Friday. The company’s 50-day moving average is $0.21 and its 200-day moving average is $0.20. AleAnna Inc – Warrants has a 1 year low of $0.12 and a 1 year high of $0.56.

AleAnna Inc is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker ANNA, with its warrants trading under ANNAW. The company was formed as a blank check vehicle for the purpose of identifying and acquiring one or more businesses. AleAnna’s corporate structure allows it to operate without engaging in commercial business activities until a target is selected and a definitive acquisition agreement is executed.

In August 2021, AleAnna completed its initial public offering and began trading its units on the Nasdaq.