Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,680 shares, a growth of 106.4% from the June 15th total of 814 shares. Based on an average daily volume of 12,429 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Archimedes Tech SPAC Partners III Stock Performance
Shares of Archimedes Tech SPAC Partners III stock remained flat at $10.07 on Friday. 1,592 shares of the stock traded hands, compared to its average volume of 45,234. Archimedes Tech SPAC Partners III has a 52-week low of $9.83 and a 52-week high of $10.08. The company has a 50 day moving average of $9.99. The firm has a market cap of $17.07 million, a price-to-earnings ratio of -5.04 and a beta of 1.13.
About Archimedes Tech SPAC Partners III
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