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 target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,199 shares, a decrease of 98.6% from the April 30th total of 157,297 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 26,328 shares, the days-to-cover ratio is presently 0.1 days.

Archimedes Tech SPAC Partners III Stock Up 0.1%

ARCI stock traded up $0.01 during trading on Wednesday, hitting $9.97. The company had a trading volume of 18,059 shares, compared to its average volume of 44,129. The company has a market capitalization of $16.90 million, a price-to-earnings ratio of -4.99 and a beta of 1.13. The firm has a 50 day moving average price of $9.90. Archimedes Tech SPAC Partners III has a fifty-two week low of $9.83 and a fifty-two week 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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