Osprey Acquisition Corp. III (NASDAQ:OSPR) Shares Shorted: Short Interest Down 86.6% in September

Osprey Acquisition Corp. III (NASDAQ:OSPR) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 693 shares, a drop of 86.6% from the September 15th total of 5,179 shares. Based on an average trading volume of 35,768 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Osprey Acquisition Corp. III Price Performance

NASDAQ OSPR traded down $0.02 on Friday, reaching $9.80. The stock had a trading volume of 892,894 shares, compared to its average volume of 79,045. Osprey Acquisition Corp. III has a 12-month low of $9.80 and a 12-month high of $10.05.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Osprey Acquisition Corp. III to a “hold” rating in a research note on Saturday, August 29th.

Osprey Acquisition Corp. III Company Profile

Osprey Acquisition Corp. III is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction may take the form of a merger, acquisition, stock purchase, reorganization or similar business combination.

Unlike an operating company, Osprey Acquisition Corp. III does not have an established portfolio of products or services and generally conducts limited activities while it searches for a suitable target.