Black Spade Acquisition III Co (NYSE:BIII – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,318 shares, a growth of 1,984.4% from the August 15th total of 495 shares. Based on an average daily volume of 380,326 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
Black Spade Acquisition III Stock Up 0.0%
BIII stock opened at $10.06 on Friday. The firm has a fifty day simple moving average of $9.99. Black Spade Acquisition III has a fifty-two week low of $9.83 and a fifty-two week high of $10.24.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Black Spade Acquisition III from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
About Black Spade Acquisition III
Black Spade Acquisition III Co is a blank check company.
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