Short Interest in Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Drops By 98.6%

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 2,199 shares, a decline of 98.6% from the April 30th total of 157,297 shares. Based on an average trading volume of 26,328 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Archimedes Tech SPAC Partners III Price Performance

Archimedes Tech SPAC Partners III stock traded up $0.01 during midday trading on Wednesday, hitting $9.97. The company’s stock had a trading volume of 18,059 shares, compared to its average volume of 44,129. The business’s 50-day simple moving average is $9.90. Archimedes Tech SPAC Partners III has a 12 month low of $9.83 and a 12 month high of $10.06. The firm has a market capitalization of $16.90 million, a P/E ratio of -4.99 and a beta of 1.13.

About Archimedes Tech SPAC Partners III

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Archimedes Tech SPAC Partners III Co is a blank check company.

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