From MarketBeat:

Atlantic Coastal Acquisition Corp. saw a 46.2% growth in short interest in January. On January 15th, short interest was 1,900 shares, with an average daily volume of 9,100 shares and days-to-cover ratio of 0.2 days. 0.1% of the company’s stock is short sold.

Atlantic Coastal Acquisition stock opened at $10.61 on Friday, with a fifty day simple moving average of $10.56 and a 200 day simple moving average of $10.52. The 12-month low is $10.04 and the 12-month high is $11.64.

Institutional investors recently bought and sold shares of Atlantic Coastal Acquisition. Institutional investors own 29.40% of the company’s stock. Penserra Capital Management LLC, UBS Group AG, Deutsche Bank AG, Jane Street Group LLC, and State Street Corp are some of the investors weighing in.

Atlantic Coastal Acquisition Corp. does not have significant operations. It plans to effect business combinations with one or more businesses in the mobility sector. The company was incorporated in 2020 and is based in New York, New York.



Read more: Atlantic Coastal Acquisition Corp. (NASDAQ:ACAH) Short Interest Update