Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) was the recipient of a significant decrease in short interest during the month of December. As of December 30th, there was short interest totalling 2,700 shares, a decrease of 6.9% from the December 15th total of 2,900 shares. Based on an average daily volume of 31,500 shares, the short-interest ratio is currently 0.1 days.

Armada Acquisition Corp. I Price Performance

Shares of AACIW opened at $0.10 on Friday. The stock has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.10. Armada Acquisition Corp. I has a one year low of $0.01 and a one year high of $0.41.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Armada Acquisition Corp. I stock. EHP Funds Inc. purchased a new position in shares of Armada Acquisition Corp. I (NASDAQ:AACIW – Get Rating) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 294,501 shares of the company's stock, valued at approximately $89,000.

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