Yotta Acquisition Co. (NASDAQ:YOTA) Short Interest Down 15.4% in February

Yotta Acquisition Co. (NASDAQ:YOTA) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,100 shares, a decrease of 15.4% from the February 13th total of 1,300 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.2% of the company’s shares are sold short.

Yotta Acquisition Price Performance

Shares of YOTA opened at $11.48 on Wednesday. Yotta Acquisition has a 12-month low of $10.50 and a 12-month high of $12.40. The firm has a 50-day moving average price of $11.44 and a 200 day moving average price of $11.27.

Yotta Acquisition Company Profile

Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide.