Short Interest in Black Hawk Acquisition Co. (NASDAQ:BKHA) Decreases By 22.6%

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,400 shares, a decline of 22.6% from the December 15th total of 3,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is presently 0.2 days.

Black Hawk Acquisition Stock Up 0.1 %

NASDAQ:BKHA traded up $0.01 during mid-day trading on Friday, reaching $10.41. 10 shares of the company were exchanged, compared to its average volume of 12,626. Black Hawk Acquisition has a 12 month low of $10.09 and a 12 month high of $10.46. The company has a fifty day moving average of $10.36 and a 200 day moving average of $10.27.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Berkley W R Corp bought a new stake in shares of Black Hawk Acquisition during the third quarter worth $4,486,000. Shaolin Capital Management LLC bought a new stake in Black Hawk Acquisition during the 2nd quarter worth about $3,874,000. Glazer Capital LLC acquired a new position in Black Hawk Acquisition during the 2nd quarter valued at about $1,381,000. Walleye Capital LLC bought a new position in shares of Black Hawk Acquisition in the 3rd quarter valued at about $1,309,000. Finally, Whitebox Advisors LLC acquired a new stake in shares of Black Hawk Acquisition during the 2nd quarter worth approximately $1,268,000.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.