Blue Water Acquisition Corp. III (NASDAQ:BLUWU) Stock Short Interest Report for October

Blue Water Acquisition Corp. III (NASDAQ:BLUWU) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 375 shares, a decline of 48.6% from the September 30th total of 729 shares. Based on an average daily volume of 33 shares, the short-interest ratio is presently 11.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Blue Water Acquisition Corp. III stock. Harraden Circle Investments LLC acquired a new position in Blue Water Acquisition Corp. III (NASDAQ:BLUWU) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,190,700 shares of the company’s stock, valued at approximately $22,959,000. Blue Water Acquisition Corp. III accounts for 2.3% of Harraden Circle Investments LLC’s portfolio, making the stock its 15th largest holding.

Blue Water Acquisition Corp. III Stock Performance

Shares of Blue Water Acquisition Corp. III stock remained flat at $10.50 during mid-day trading on Friday. The stock has a 50-day moving average price of $10.59 and a 200-day moving average price of $10.56. Blue Water Acquisition Corp. III has a 12 month low of $10.00 and a 12 month high of $12.85.

Blue Water Acquisition Corp. III Company Profile

Blue Water Acquisition Corp. III is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated to pursue a business combination with one or more operating businesses.

The company does not currently operate a commercial business or offer products and services of its own. Its intended transaction could take the form of a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with a target company.

Blue Water Acquisition Corp.