Black Hawk Acquisition Co. (NASDAQ:BKHAU – Get Free Report) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 425 shares, a drop of 95.4% from the October 15th total of 9,247 shares. Based on an average trading volume of 405 shares, the short-interest ratio is currently 1.0 days.
Black Hawk Acquisition Price Performance
Shares of NASDAQ BKHAU traded down $0.74 during mid-day trading on Tuesday, reaching $6.22. 676 shares of the company traded hands, compared to its average volume of 2,922. Black Hawk Acquisition has a fifty-two week low of $4.02 and a fifty-two week high of $16.27. The stock has a fifty day simple moving average of $9.86 and a 200-day simple moving average of $11.57.
About Black Hawk Acquisition
Black Hawk Acquisition Corp. is a special purpose acquisition company (SPAC), not an operating business. Its primary purpose is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more companies. The company does not itself provide operating products or services. Its business activities, markets and geographic reach would depend on any company it combines with. Black Hawk Acquisition Corp.’s initial offering materials did not identify a specific target or operating industry.
Featured Stories
- Five stocks we like better than Black Hawk Acquisition
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Black Hawk Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Hawk Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
