JATT III Acquisition Corp (NASDAQ:JTTT) Sees Large Increase in Short Interest

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

Shares of NASDAQ JTTT remained flat at $10.61 during midday trading on Friday. The stock had a trading volume of 2,756 shares, compared to its average volume of 23,829. JATT III Acquisition has a 1-year low of $10.56 and a 1-year high of $11.95.

About JATT III Acquisition

(Get Free Report)

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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