JATT III Acquisition Corp (NASDAQ:JTTT – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,216 shares, an increase of 15,100.0% from the September 15th total of 8 shares. Based on an average daily volume of 9,992 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of JATT III Acquisition to a “hold” rating in a research note on Saturday, September 5th.
View Our Latest Research Report on JTTT
JATT III Acquisition Stock Performance
About JATT III Acquisition
JATT III Acquisition Corp. (NASDAQ: JTTT) is a special purpose acquisition company, or SPAC. The company was formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating companies.
As a blank-check company, JATT III Acquisition does not have an established portfolio of products or services and does not conduct traditional operating activities. Its primary objective is to identify a suitable target and complete a business combination, after which the combined company would generally operate under the target’s business model.
The company is organized as an exempted company in the Cayman Islands.
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