Three Lions Acquisition Corp. (NASDAQ:TLAC) Sees Large Growth in Short Interest

Three Lions Acquisition Corp. (NASDAQ:TLAC) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,670 shares. Based on an average daily trading volume, of 10,996 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Three Lions Acquisition Trading Up 0.2%

NASDAQ TLAC traded up $0.01 on Thursday, hitting $9.86. 1,019 shares of the stock were exchanged, compared to its average volume of 6,139. Three Lions Acquisition has a fifty-two week low of $9.83 and a fifty-two week high of $9.93.

About Three Lions Acquisition

Three Lions Acquisition Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the ticker symbol TLAC. The company was established to pursue a business combination with an operating company or other business, which may take the form of a merger, acquisition, share exchange, or similar transaction.

Unlike an operating company, Three Lions Acquisition does not appear to offer its own products or services. Its activities are primarily focused on identifying a suitable acquisition target, conducting due diligence, and completing a transaction that would allow the target business to become publicly traded.

Because its future business depends on the completion of a business combination, the company does not have an established operating footprint, product portfolio, or geographic market presence to describe.