JATT III Acquisition Corp (NASDAQ:JTTT – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,358 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 71,300 shares, the days-to-cover ratio is currently 0.1 days.
JATT III Acquisition Trading Up 0.0%
Shares of NASDAQ JTTT traded up $0.01 during trading on Wednesday, hitting $10.99. The company had a trading volume of 2,254 shares, compared to its average volume of 40,404. JATT III Acquisition has a fifty-two week low of $10.56 and a fifty-two week high of $11.95.
Analysts Set New Price Targets
Separately, Wall Street Zen raised JATT III Acquisition to a “hold” rating in a research report on Saturday, September 5th.
JATT III Acquisition Company Profile
JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and acquire, merge with, or otherwise combine with one or more businesses. The company does not operate a traditional business and does not manufacture products or provide ongoing commercial services.
As a blank-check company, JATT III Acquisition Corp. holds funds raised through its public offering while its management team searches for a suitable target. Any proposed transaction would be subject to negotiations, regulatory requirements, and approval by shareholders.
Publicly available information about the company’s target industry focus, geographic markets, operating history, and leadership is limited.
Further Reading
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