Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Short Interest Up 7,929.5% in April

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 157,297 shares, a growth of 7,929.5% from the April 15th total of 1,959 shares. Based on an average daily volume of 53,847 shares, the days-to-cover ratio is currently 2.9 days. Currently, 9.3% of the company’s shares are sold short.

Archimedes Tech SPAC Partners III Price Performance

Shares of NASDAQ ARCI opened at $9.93 on Wednesday. Archimedes Tech SPAC Partners III has a one year low of $9.83 and a one year high of $10.06. The stock has a market cap of $16.83 million, a price-to-earnings ratio of -4.97 and a beta of 1.13.

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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