Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 157,297 shares, an increase of 7,929.5% from the April 15th total of 1,959 shares. Based on an average daily volume of 53,847 shares, the short-interest ratio is presently 2.9 days. Approximately 9.3% of the company’s shares are sold short.
Archimedes Tech SPAC Partners III Stock Performance
NASDAQ ARCI traded up $0.01 on Monday, hitting $9.93. 9,401 shares of the stock were exchanged, compared to its average volume of 51,882. Archimedes Tech SPAC Partners III has a 52-week low of $9.83 and a 52-week high of $10.06. The stock has a market cap of $16.82 million, a price-to-earnings ratio of -4.96 and a beta of 1.13.
About Archimedes Tech SPAC Partners III
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