Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 2,815 shares, a growth of 78.2% from the July 15th total of 1,580 shares. Based on an average trading volume of 44,964 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are short sold.
Archimedes Tech SPAC Partners III Price Performance
Shares of ARCI traded down $0.02 during trading hours on Monday, reaching $10.15. 28,143 shares of the company’s stock traded hands, compared to its average volume of 46,763. The company has a market cap of $17.20 million, a price-to-earnings ratio of -5.08 and a beta of 1.13. Archimedes Tech SPAC Partners III has a twelve month low of $9.83 and a twelve month high of $10.20. The stock has a fifty day simple moving average of $10.06.
About Archimedes Tech SPAC Partners III
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