Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 992 shares, a drop of 64.8% from the July 30th total of 2,815 shares. Based on an average daily volume of 38,839 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are short sold.
Archimedes Tech SPAC Partners III Trading Up 0.1%
Shares of ARCI stock traded up $0.01 during trading hours on Friday, reaching $10.15. 127 shares of the company’s stock were exchanged, compared to its average volume of 45,636. The business’s 50 day moving average price is $10.09. Archimedes Tech SPAC Partners III has a fifty-two week low of $9.83 and a fifty-two week high of $10.20. The stock has a market cap of $17.21 million, a P/E ratio of -5.08 and a beta of 1.13.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings initiated coverage on shares of Archimedes Tech SPAC Partners III in a research report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Archimedes Tech SPAC Partners III has a consensus rating of “Sell”.
Archimedes Tech SPAC Partners III Company Profile
Archimedes Tech SPAC Partners III Co is a blank check company.
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