Short Interest in Kernel Group Holdings, Inc. (NASDAQ:KRNLW) Expands By 46.7%

Kernel Group Holdings, Inc. (NASDAQ:KRNLW) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 19,800 shares, an increase of 46.7% from the June 30th total of 13,500 shares. Based on an average daily volume of 42,800 shares, the short-interest ratio is currently 0.5 days.

Kernel Group Price Performance

NASDAQ KRNLW remained flat at $0.14 on Monday. The company has a fifty day moving average of $0.12 and a 200-day moving average of $0.08. Kernel Group has a fifty-two week low of $0.02 and a fifty-two week 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.