Three Lions Acquisition Corp. (NASDAQ:TLACU) Shares Shorted: Short Interest Down 95.0% in September

Three Lions Acquisition Corp. (NASDAQ:TLACU) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 165 shares, a decline of 95.0% from the September 15th total of 3,293 shares. Based on an average daily volume of 8,567 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Three Lions Acquisition to a “hold” rating in a research report on Saturday, September 12th.

Three Lions Acquisition Trading Up 0.5%

Shares of NASDAQ:TLACU traded up $0.04 during midday trading on Friday, hitting $9.97. 453 shares of the stock were exchanged, compared to its average volume of 28,871. Three Lions Acquisition has a 52-week low of $9.93 and a 52-week high of $10.18.

Three Lions Acquisition Company Profile

Three Lions Acquisition Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol TLACU. The company was formed to identify and complete a business combination with one or more operating businesses.

As a blank-check company, Three Lions Acquisition does not have significant operating products or services of its own. Its activities primarily involve seeking a merger, share exchange, asset acquisition, reorganization or similar transaction with a target company.

Specific information about the company’s target industry, geographic operations and leadership is limited.