Black Hawk Acquisition Corporation (NASDAQ:BKHA) Stock Short Interest Report for September

Black Hawk Acquisition Corporation (NASDAQ:BKHA) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 501 shares, an increase of 845.3% from the September 15th total of 53 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 16,592 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Black Hawk Acquisition in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has an average rating of “Sell”.

Black Hawk Acquisition Price Performance

BKHA stock opened at $11.53 on Friday. Black Hawk Acquisition has a twelve month low of $11.00 and a twelve month high of $13.15. The business has a 50 day simple moving average of $11.99 and a 200-day simple moving average of $11.99.

Black Hawk Acquisition (NASDAQ:BKHA) last posted its quarterly earnings data on Tuesday, October 6th. The company reported $0.26 earnings per share for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Black Hawk Acquisition stock. Clear Street Group Inc. raised its position in Black Hawk Acquisition Corporation (NASDAQ:BKHA) by 11.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 59,031 shares of the company’s stock after purchasing an additional 6,158 shares during the period. Clear Street Group Inc. owned about 1.42% of Black Hawk Acquisition worth $664,000 at the end of the most recent reporting period.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corporation (NASDAQ: BKHA) is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination with an operating company, such as a merger, acquisition, stock purchase, or similar transaction.

As a blank-check company, Black Hawk Acquisition does not have established operating businesses, products, or services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing a transaction that would result in a combined public company.

Publicly available information about Black Hawk Acquisition’s specific target industry, geographic focus, and leadership is limited.