JATT III Acquisition Corp (NASDAQ:JTTT) Stock Short Interest Report for October

JATT III Acquisition Corp (NASDAQ:JTTT) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 2 shares, a decline of 99.8% from the September 30th total of 1,216 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,894 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded JATT III Acquisition to a “hold” rating in a research report on Saturday, September 5th.

JATT III Acquisition Trading Down 0.7%

Shares of JATT III Acquisition stock traded down $0.07 on Monday, hitting $10.30. The company’s stock had a trading volume of 7,012 shares, compared to its average volume of 4,781. JATT III Acquisition has a 52-week low of $10.15 and a 52-week high of $11.95.

About JATT III Acquisition

JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.

Unlike an operating company, JATT III Acquisition Corp. does not manufacture products or provide ongoing commercial services. Its activities are focused on raising capital, evaluating potential acquisition targets, and completing a transaction intended to create a publicly traded operating company.