Archimedes Tech SPAC Partners III Co. Units (NASDAQ:ARCIU – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 269 shares, a drop of 39.0% from the September 15th total of 441 shares. Based on an average trading volume of 540 shares, the short-interest ratio is currently 0.5 days.
Archimedes Tech SPAC Partners III Co. Units Stock Down 0.8%
NASDAQ:ARCIU opened at $10.16 on Friday. The company has a 50 day moving average price of $10.31 and a 200 day moving average price of $10.19. Archimedes Tech SPAC Partners III Co. Units has a fifty-two week low of $9.99 and a fifty-two week high of $10.66.
About Archimedes Tech SPAC Partners III Co. Units
Archimedes Tech SPAC Partners III Co is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. The company does not have ongoing operating activities of its own and was established to raise capital through a public offering for a future acquisition.
The company is focused on pursuing a merger, stock purchase, asset acquisition, reorganization, or similar transaction with a target business, with an emphasis on opportunities in the technology sector.
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