Three Lions Acquisition Corp. (NASDAQ:TLAC – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,670 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,996 shares, the days-to-cover ratio is presently 0.2 days.
Three Lions Acquisition Trading Up 0.1%
Shares of NASDAQ TLAC opened at $9.86 on Wednesday. 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. (NASDAQ: TLAC) is a blank-check company, also known as a special purpose acquisition company (SPAC). It was formed to identify and complete a business combination with one or more operating companies through a merger, capital stock exchange, asset acquisition, reorganization or similar transaction.
Unlike an operating company, Three Lions Acquisition Corp. does not primarily sell products or provide services. Its activities are focused on evaluating potential acquisition targets, conducting due diligence and seeking shareholder approval for a proposed transaction.
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