Kernel Group Holdings, Inc. (NASDAQ:KRNLW) Short Interest Update

Kernel Group Holdings, Inc. (NASDAQ:KRNLW) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 13,500 shares, an increase of 175.5% from the June 15th total of 4,900 shares. Based on an average daily volume of 45,000 shares, the days-to-cover ratio is presently 0.3 days.

Kernel Group Stock Performance

Shares of Kernel Group stock remained flat at $0.13 during midday trading on Friday. The business’s 50 day moving average price is $0.11 and its 200 day moving average price is $0.07. Kernel Group has a 12 month low of $0.02 and a 12 month high of $0.15.

About Kernel Group

Kernel Group Holdings, Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. Kernel Group Holdings, Inc was incorporated in 2020 and is based in New York, New York.