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

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

Yotta Acquisition Price Performance

Shares of YOTA stock opened at $11.44 on Thursday. Yotta Acquisition has a fifty-two week low of $10.50 and a fifty-two week high of $12.40. The stock’s 50-day simple moving average is $11.44 and its 200-day simple moving average is $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.