Screaming Eagle Acquisition Corp. (NASDAQ:SCRMW) Sees Large Growth in Short Interest

Screaming Eagle Acquisition Corp. (NASDAQ:SCRMW) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 214,200 shares, a growth of 107,000.0% from the March 31st total of 200 shares. Based on an average daily volume of 97,700 shares, the days-to-cover ratio is currently 2.2 days.

Screaming Eagle Acquisition Price Performance

Shares of NASDAQ:SCRMW opened at $0.49 on Friday. The business has a 50-day moving average price of $0.47 and a 200 day moving average price of $0.34. Screaming Eagle Acquisition has a 12-month low of $0.04 and a 12-month high of $0.52.

Screaming Eagle Acquisition Company Profile

Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.