Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Sees Large Growth in Short Interest

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,680 shares, an increase of 106.4% from the June 15th total of 814 shares. Based on an average trading volume of 12,429 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Archimedes Tech SPAC Partners III Stock Performance

Shares of NASDAQ:ARCI opened at $10.06 on Wednesday. The company has a market cap of $17.05 million, a P/E ratio of -5.03 and a beta of 1.13. The firm’s 50 day simple moving average is $9.98. Archimedes Tech SPAC Partners III has a twelve month low of $9.83 and a twelve month high of $10.07.

Archimedes Tech SPAC Partners III Company Profile

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Archimedes Tech SPAC Partners III Co is a blank check company.

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