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

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,199 shares, a drop of 98.6% from the April 30th total of 157,297 shares. Based on an average daily volume of 26,328 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Archimedes Tech SPAC Partners III Price Performance

NASDAQ ARCI traded up $0.00 during trading on Friday, hitting $9.97. The stock had a trading volume of 11,434 shares, compared to its average volume of 42,271. The company has a market capitalization of $16.91 million, a P/E ratio of -4.99 and a beta of 1.13. The business’s 50 day moving average is $9.91. Archimedes Tech SPAC Partners III has a twelve month low of $9.83 and a twelve month high of $10.06.

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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