Archimedes Tech SPAC Partners Co. (NASDAQ:ATSPT) Short Interest Down 91.6% in October

Archimedes Tech SPAC Partners Co. (NASDAQ:ATSPT) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 1,200 shares, a decline of 91.6% from the September 30th total of 14,300 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 0.1 days.

Shares of NASDAQ:ATSPT opened at $9.82 on Thursday. Archimedes Tech SPAC Partners has a 52-week low of $9.78 and a 52-week high of $9.82. The stock has a fifty day moving average of $9.77.

A number of large investors have recently made changes to their positions in ATSPT. Spring Creek Capital LLC purchased a new position in Archimedes Tech SPAC Partners in the second quarter worth $2,937,000. Shaolin Capital Management LLC purchased a new position in Archimedes Tech SPAC Partners in the second quarter worth $3,182,000. Basso Capital Management L.P. purchased a new stake in Archimedes Tech SPAC Partners during the second quarter valued at about $1,136,000. Radcliffe Capital Management L.P. purchased a new stake in Archimedes Tech SPAC Partners during the second quarter valued at about $2,924,000. Finally, Linden Advisors LP purchased a new stake in Archimedes Tech SPAC Partners during the second quarter valued at about $8,088,000. Institutional investors own 94.57% of the company’s stock.

About Archimedes Tech SPAC Partners

Archimedes Tech SPAC Partners Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology industry. The company was founded in 2020 and is based in Claymont, Delaware.

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