Blue Water Acquisition Corp. IV (NYSE:BWIV) Shares Shorted: Short Interest Down 65.2% in September

Blue Water Acquisition Corp. IV (NYSE:BWIV) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 222 shares, a decline of 65.2% from the September 15th total of 638 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 41,204 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Blue Water Acquisition Corp. IV in a research report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Blue Water Acquisition Corp. IV presently has a consensus rating of “Sell”.

Blue Water Acquisition Corp. IV Stock Performance

Blue Water Acquisition Corp. IV stock traded up $0.01 during trading hours on Tuesday, hitting $9.99. The company had a trading volume of 11,218 shares, compared to its average volume of 33,598. Blue Water Acquisition Corp. IV has a fifty-two week low of $9.85 and a fifty-two week high of $10.00. The company’s fifty day moving average is $9.96.

About Blue Water Acquisition Corp. IV

Blue Water Acquisition Corp. IV is a blank-check company, also known as a special purpose acquisition company (SPAC), organized to identify and complete a business combination with one or more private companies.

The company does not operate a traditional business and does not currently offer products or services. Its activities are primarily focused on evaluating potential merger, acquisition, or similar transactions that could result in a target company becoming publicly traded.

Blue Water Acquisition Corp.