Osprey Acquisition Corp. III (NASDAQ:OSPR) Shares Shorted: Short Interest Down 86.6% in September

Osprey Acquisition Corp. III (NASDAQ:OSPR) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 693 shares, a drop of 86.6% from the September 15th total of 5,179 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,768 shares, the short-interest ratio is presently 0.0 days.

Osprey Acquisition Corp. III Stock Down 0.2%

Shares of Osprey Acquisition Corp. III stock traded down $0.02 during mid-day trading on Friday, hitting $9.80. 892,894 shares of the stock were exchanged, compared to its average volume of 34,640. Osprey Acquisition Corp. III has a twelve month low of $9.80 and a twelve month high of $10.05.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Osprey Acquisition Corp. III to a “hold” rating in a research report on Saturday, August 29th.

Osprey Acquisition Corp. III Company Profile

Osprey Acquisition Corp. III is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction may take the form of a merger, acquisition, stock purchase, reorganization or similar business combination.

Unlike an operating company, Osprey Acquisition Corp. III does not have an established portfolio of products or services and generally conducts limited activities while it searches for a suitable target.