Archimedes Tech SPAC Partners III Co. Units (NASDAQ:ARCIU) Sees Large Decline in Short Interest

Archimedes Tech SPAC Partners III Co. Units (NASDAQ:ARCIUGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 227 shares, a decrease of 86.4% from the May 14th total of 1,665 shares. Based on an average daily volume of 3,197 shares, the days-to-cover ratio is currently 0.1 days.

Archimedes Tech SPAC Partners III Co. Units Stock Up 0.3%

Shares of ARCIU opened at $10.15 on Friday. Archimedes Tech SPAC Partners III Co. Units has a 12 month low of $9.99 and a 12 month high of $10.66. The stock’s fifty day simple moving average is $10.06.

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