Archimedes Tech SPAC Partners III Co. Units (NASDAQ:ARCIU) Short Interest Down 86.4% in May

Archimedes Tech SPAC Partners III Co. Units (NASDAQ:ARCIUGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 227 shares, a drop of 86.4% from the May 14th total of 1,665 shares. Based on an average daily trading volume, of 3,197 shares, the days-to-cover ratio is currently 0.1 days.

Archimedes Tech SPAC Partners III Co. Units Stock Up 0.8%

ARCIU traded up $0.09 during midday trading on Thursday, reaching $10.21. The company’s stock had a trading volume of 582 shares, compared to its average volume of 38,995. The firm has a fifty day simple moving average of $10.05. Archimedes Tech SPAC Partners III Co. Units has a twelve month low of $9.99 and a twelve month high of $10.66.

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