SilverBox Corp IV (NYSE:SBXD) Short Interest Update

SilverBox Corp IV (NYSE:SBXD) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 147 shares, an increase of 59.8% from the January 15th total of 92 shares. Based on an average trading volume of 114,284 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 114,284 shares, the days-to-cover ratio is presently 0.0 days.

SilverBox Corp IV Stock Down 0.1%

Shares of NYSE SBXD traded down $0.01 during midday trading on Friday, hitting $10.63. The stock had a trading volume of 3,593 shares, compared to its average volume of 68,578. SilverBox Corp IV has a 1-year low of $10.14 and a 1-year high of $11.64. The company has a market capitalization of $270.64 million, a price-to-earnings ratio of 62.55 and a beta of 0.11. The company has a fifty day moving average price of $10.60 and a 200 day moving average price of $10.54.

SilverBox Corp IV (NYSE:SBXD) last posted its earnings results on Wednesday, November 12th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $2.31 million for the quarter.

Hedge Funds Weigh In On SilverBox Corp IV

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Berkley W R Corp raised its stake in shares of SilverBox Corp IV by 607.8% during the fourth quarter. Berkley W R Corp now owns 1,211,674 shares of the company’s stock valued at $12,820,000 after purchasing an additional 1,040,483 shares during the period. Quarry LP acquired a new stake in SilverBox Corp IV during the 4th quarter valued at $1,498,000. Crossingbridge Advisors LLC purchased a new stake in SilverBox Corp IV during the 4th quarter worth $6,741,000. HRT Financial LP increased its stake in SilverBox Corp IV by 19.0% during the 4th quarter. HRT Financial LP now owns 139,195 shares of the company’s stock worth $1,472,000 after buying an additional 22,196 shares during the period. Finally, Wolverine Asset Management LLC lifted its holdings in SilverBox Corp IV by 44.5% in the 4th quarter. Wolverine Asset Management LLC now owns 972,109 shares of the company’s stock worth $10,285,000 after buying an additional 299,497 shares in the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SilverBox Corp IV in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

About SilverBox Corp IV

SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.

The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.