Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Short Interest Up 225.6% in May

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 7,160 shares, a growth of 225.6% from the May 14th total of 2,199 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,174 shares, the short-interest ratio is presently 0.5 days.

Archimedes Tech SPAC Partners III Stock Up 0.1%

Shares of NASDAQ ARCI traded up $0.01 during mid-day trading on Friday, reaching $9.99. The company had a trading volume of 30 shares, compared to its average volume of 41,617. The business has a fifty day simple moving average of $9.92. The stock has a market capitalization of $16.93 million, a P/E ratio of -5.00 and a beta of 1.13. Archimedes Tech SPAC Partners III has a 12-month low of $9.83 and a 12-month high of $10.06.

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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