JATT III Acquisition Corp (NASDAQ:JTTT) Shares Shorted: Short Interest Down 99.9% in September

JATT III Acquisition Corp (NASDAQ:JTTT) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 8 shares, a decline of 99.9% from the August 31st total of 6,358 shares. Based on an average trading volume of 30,362 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

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

JATT III Acquisition Stock Performance

JTTT stock opened at $10.94 on Friday. JATT III Acquisition has a 1-year low of $10.56 and a 1-year high of $11.95.

JATT III Acquisition Company Profile

JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and acquire, merge with, or otherwise combine with one or more businesses. The company does not operate a traditional business and does not manufacture products or provide ongoing commercial services.

As a blank-check company, JATT III Acquisition Corp. holds funds raised through its public offering while its management team searches for a suitable target. Any proposed transaction would be subject to negotiations, regulatory requirements, and approval by shareholders.

Publicly available information about the company’s target industry focus, geographic markets, operating history, and leadership is limited.