SilverBox Corp IV (NYSE:SBXD) Short Interest Update

SilverBox Corp IV (NYSE:SBXD) was the target of a significant increase in short interest in 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 stock are sold short. Currently, 0.0% of the company’s stock 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 Performance

Shares of SBXD stock traded down $0.01 during trading hours on Friday, hitting $10.63. 3,593 shares of the company were exchanged, compared to its average volume of 68,578. SilverBox Corp IV has a one year low of $10.14 and a one year high of $11.64. The business’s 50-day simple moving average is $10.60 and its two-hundred day simple moving average is $10.54. The stock has a market capitalization of $270.64 million, a price-to-earnings ratio of 62.55 and a beta of 0.11.

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SilverBox Corp IV in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On SilverBox Corp IV

Institutional investors and hedge funds have recently made changes to their positions in the company. Wolverine Asset Management LLC increased its stake in shares of SilverBox Corp IV by 1,163.0% in the third quarter. Wolverine Asset Management LLC now owns 672,612 shares of the company’s stock valued at $7,042,000 after purchasing an additional 619,358 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in SilverBox Corp IV by 200.0% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 600,000 shares of the company’s stock worth $6,361,000 after buying an additional 400,000 shares in the last quarter. Mangrove Partners IM LLC acquired a new stake in SilverBox Corp IV in the 3rd quarter valued at approximately $1,640,000. Radcliffe Capital Management L.P. raised its stake in SilverBox Corp IV by 14.4% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 177,412 shares of the company’s stock valued at $1,858,000 after acquiring an additional 22,375 shares in the last quarter. Finally, Berkley W R Corp raised its stake in SilverBox Corp IV by 184.2% during the 3rd quarter. Berkley W R Corp now owns 171,191 shares of the company’s stock valued at $1,792,000 after acquiring an additional 110,952 shares in the last quarter.

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.