Black Hawk Acquisition Co. (NASDAQ:BKHA - Get Free Report) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 3,900 shares, a drop of 32.8% from the October 31st total of 5,800 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company's stock are sold short.
Institutional Trading of Black Hawk Acquisition
A number of hedge funds have recently made changes to their positions in BKHA. Mizuho Securities USA LLC lifted its stake in Black Hawk Acquisition by 17.8% during the third quarter. Mizuho Securities USA LLC now owns 602,440 shares of the company's stock worth $6,133,000 after purchasing an additional 91,112 shares during the last quarter. Berkley W R Corp bought a new position in Black Hawk Acquisition during the third quarter worth $4,486,000. Shaolin Capital Management LLC bought a new position in Black Hawk Acquisition during the second quarter worth $3,874,000. Glazer Capital LLC bought a new position in Black Hawk Acquisition during the second quarter worth $1,381,000. Finally, Walleye Capital LLC bought a new position in Black Hawk Acquisition during the third quarter worth $1,309,000.
Black Hawk Acquisition Price Performance
Shares of BKHA stock remained flat at $10.36 during mid-day trading on Friday. Black Hawk Acquisition has a 52 week low of $10.09 and a 52 week high of $10.46. The firm has a 50-day simple moving average of $10.30.
About Black Hawk Acquisition
(
Get Free Report)
Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.
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