Short Interest in Bleichroeder Acquisition Corp. III (NASDAQ:BCCQU) Increases By ?

Bleichroeder Acquisition Corp. III (NASDAQ:BCCQU) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 14,680 shares, a growth of ? from the June 30th total of 0 shares. Based on an average trading volume of 624,035 shares, the short-interest ratio is presently 0.0 days.

Bleichroeder Acquisition Corp. III Price Performance

NASDAQ BCCQU traded down $0.02 during trading on Friday, reaching $10.08. The company’s stock had a trading volume of 2,436 shares, compared to its average volume of 132,945. Bleichroeder Acquisition Corp. III has a 12 month low of $10.04 and a 12 month high of $10.10.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Bleichroeder Acquisition Corp. III to a “hold” rating in a research report on Sunday, July 12th.

About Bleichroeder Acquisition Corp. III

Bleichroeder Acquisition Corp. III is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. As a blank check company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition opportunity.

The company was organized to leverage the experience of its sponsor and management team in evaluating potential transaction targets.