Archimedes Tech SPAC Partners Co. (NASDAQ:ATSPU) Short Interest Down 50.0% in August

Archimedes Tech SPAC Partners Co. (NASDAQ:ATSPU) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,600 shares, a decline of 50.0% from the August 15th total of 3,200 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Several large investors have recently modified their holdings of ATSPU. Warberg Asset Management LLC acquired a new position in shares of Archimedes Tech SPAC Partners in the 1st quarter valued at $109,000. Panagora Asset Management Inc. purchased a new stake in Archimedes Tech SPAC Partners in the first quarter valued at $117,000. Landscape Capital Management L.L.C. acquired a new position in Archimedes Tech SPAC Partners in the first quarter valued at $140,000. UBS Group AG purchased a new position in shares of Archimedes Tech SPAC Partners during the first quarter worth about $166,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Archimedes Tech SPAC Partners during the first quarter worth about $170,000.

ATSPU stock remained flat at $$9.89 during trading on Friday. The company had a trading volume of 533 shares, compared to its average volume of 40,137. The firm has a 50-day simple moving average of $9.92. Archimedes Tech SPAC Partners has a 12-month low of $9.75 and a 12-month high of $10.03.

About Archimedes Tech SPAC Partners

Archimedes Tech SPAC Partners Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology industry. The company was founded in 2020 and is based in Claymont, Delaware.

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