Three Lions Acquisition Corp. (NASDAQ:TLAC) Sees Significant Increase in Short Interest

Three Lions Acquisition Corp. (NASDAQ:TLAC) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,670 shares. Based on an average daily volume of 10,996 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Three Lions Acquisition Trading Down 0.3%

Shares of TLAC traded down $0.03 during trading hours on Friday, reaching $9.84. The stock had a trading volume of 307 shares, compared to its average volume of 5,795. Three Lions Acquisition has a 12 month low of $9.83 and a 12 month high of $9.93.

About Three Lions Acquisition

Three Lions Acquisition Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the ticker symbol TLAC. The company was established to pursue a business combination with an operating company or other business, which may take the form of a merger, acquisition, share exchange, or similar transaction.

Unlike an operating company, Three Lions Acquisition does not appear to offer its own products or services. Its activities are primarily focused on identifying a suitable acquisition target, conducting due diligence, and completing a transaction that would allow the target business to become publicly traded.

Because its future business depends on the completion of a business combination, the company does not have an established operating footprint, product portfolio, or geographic market presence to describe.