Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Short Interest Update

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 992 shares, a decrease of 64.8% from the July 30th total of 2,815 shares. Based on an average trading volume of 38,839 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Archimedes Tech SPAC Partners III in a research report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Archimedes Tech SPAC Partners III Stock Performance

Shares of ARCI stock remained flat at $10.14 during trading hours on Friday. 13 shares of the stock traded hands, compared to its average volume of 45,636. The firm has a market cap of $17.19 million, a PE ratio of -5.07 and a beta of 1.13. The stock has a 50 day moving average of $10.09. Archimedes Tech SPAC Partners III has a 12-month low of $9.83 and a 12-month high of $10.20.

Archimedes Tech SPAC Partners III Company Profile

Archimedes Tech SPAC Partners III Co is a blank check company.