CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYNW) Short Interest Update

CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYNW) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 582 shares, a decline of 88.4% from the August 31st total of 4,997 shares. Based on an average trading volume of 2,978 shares, the short-interest ratio is presently 0.2 days.

CSLM Digital Asset Acquisition Corp III Price Performance

KOYNW stock traded down $0.01 during mid-day trading on Friday, reaching $0.18. The company had a trading volume of 1,021 shares, compared to its average volume of 18,883. CSLM Digital Asset Acquisition Corp III has a fifty-two week low of $0.15 and a fifty-two week high of $0.84. The firm has a fifty day simple moving average of $0.20 and a 200 day simple moving average of $0.22.

CSLM Digital Asset Acquisition Corp III Company Profile

CSLM Digital Asset Acquisition Corp III (NASDAQ: KOYNW) is a special purpose acquisition company (SPAC) formed to pursue a business combination with one or more operating companies in the digital asset and blockchain sectors. As a blank?check vehicle, the company raises capital from public investors with the objective of identifying, negotiating and completing a merger, acquisition or other business combination that would result in an operating company becoming publicly listed through the SPAC.

The firm’s stated investment focus, as indicated by its name, targets firms involved in digital assets, which can include cryptocurrency businesses, blockchain infrastructure and services, tokenization platforms, trading and custody solutions, and other related financial and technology providers.