Black Hawk Acquisition Co. (NASDAQ:BKHA) Short Interest Update

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 3,400 shares, a growth of 21.4% from the August 31st total of 2,800 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 16,500 shares, the short-interest ratio is presently 0.2 days.

Black Hawk Acquisition Price Performance

NASDAQ:BKHA remained flat at $10.24 during mid-day trading on Friday. 5,000 shares of the company traded hands, compared to its average volume of 21,152. Black Hawk Acquisition has a 1-year low of $10.09 and a 1-year high of $10.30. The business has a 50 day moving average of $10.19.

Institutional Investors Weigh In On Black Hawk Acquisition

Several hedge funds have recently bought and sold shares of BKHA. SkyView Investment Advisors LLC bought a new stake in Black Hawk Acquisition during the second quarter worth about $103,000. TrueMark Investments LLC bought a new stake in Black Hawk Acquisition during the second quarter worth about $200,000. Clear Street LLC bought a new stake in Black Hawk Acquisition during the second quarter worth about $531,000. Cowen AND Company LLC bought a new stake in Black Hawk Acquisition during the second quarter worth about $544,000. Finally, Warberg Asset Management LLC bought a new stake in Black Hawk Acquisition during the second quarter worth about $752,000.

About Black Hawk Acquisition

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.