Black Spade Acquisition III Co (NYSE:BIII – 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 10,318 shares, an increase of 1,984.4% from the August 15th total of 495 shares. Based on an average daily volume of 380,326 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Black Spade Acquisition III Trading Up 0.0%
Black Spade Acquisition III stock traded up $0.01 during mid-day trading on Thursday, reaching $10.06. The company’s stock had a trading volume of 8,016 shares, compared to its average volume of 128,131. Black Spade Acquisition III has a 12-month low of $9.83 and a 12-month high of $10.24. The stock has a fifty day moving average of $9.99.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised Black Spade Acquisition III from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.
Black Spade Acquisition III Company Profile
Black Spade Acquisition III Co is a blank check company.
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