Black Hawk Acquisition Corporation (NASDAQ:BKHA) Stock Short Interest Report for September

Black Hawk Acquisition Corporation (NASDAQ:BKHA) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 501 shares, a growth of 845.3% from the September 15th total of 53 shares. Based on an average daily trading volume, of 16,592 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Black Hawk Acquisition in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Black Hawk Acquisition presently has an average rating of “Sell”.

Black Hawk Acquisition Stock Performance

Shares of Black Hawk Acquisition stock traded down $0.80 during trading on Friday, reaching $11.53. 1,974 shares of the stock were exchanged, compared to its average volume of 17,144. Black Hawk Acquisition has a 1 year low of $11.00 and a 1 year high of $13.15. The stock’s fifty day moving average is $11.99 and its 200 day moving average is $11.99.

Black Hawk Acquisition (NASDAQ:BKHA) last announced its quarterly earnings results on Tuesday, October 6th. The company reported $0.26 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Black Hawk Acquisition

An institutional investor recently raised its position in Black Hawk Acquisition stock. Clear Street Group Inc. lifted its stake in shares of Black Hawk Acquisition Corporation (NASDAQ:BKHA) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,031 shares of the company’s stock after buying an additional 6,158 shares during the quarter. Clear Street Group Inc. owned about 1.42% of Black Hawk Acquisition worth $664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corporation (NASDAQ: BKHA) is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination with an operating company, such as a merger, acquisition, stock purchase, or similar transaction.

As a blank-check company, Black Hawk Acquisition does not have established operating businesses, products, or services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing a transaction that would result in a combined public company.

Publicly available information about Black Hawk Acquisition’s specific target industry, geographic focus, and leadership is limited.