Black Hawk Acquisition Co. (NASDAQ:BKHA - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,100 shares, an increase of 40.9% from the November 30th total of 2,200 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company's shares are short sold.
Institutional Trading of Black Hawk Acquisition
Institutional investors and hedge funds have recently made changes to their positions in the company. SkyView Investment Advisors LLC purchased a new stake in Black Hawk Acquisition during the second quarter valued at about $103,000. Clear Street LLC purchased a new stake in shares of Black Hawk Acquisition during the 2nd quarter worth about $531,000. Cowen AND Company LLC acquired a new stake in Black Hawk Acquisition during the 2nd quarter worth approximately $544,000. Walleye Trading LLC purchased a new position in Black Hawk Acquisition in the third quarter valued at approximately $737,000. Finally, Warberg Asset Management LLC acquired a new position in Black Hawk Acquisition during the second quarter valued at approximately $752,000.
Black Hawk Acquisition Price Performance
Shares of BKHA remained flat at $10.37 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 business has a 50 day simple moving average of $10.35 and a 200 day simple moving average of $10.24.
About Black Hawk Acquisition
(
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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.
Further Reading
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