Short Interest in Black Hawk Acquisition Co. (NASDAQ:BKHA) Expands By 21.4%

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 3,400 shares, a growth of 21.4% from the August 31st total of 2,800 shares. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Black Hawk Acquisition Trading Up 0.4 %

Shares of BKHA stock traded up $0.04 during trading on Monday, reaching $10.24. 115,100 shares of the company’s stock were exchanged, compared to its average volume of 59,924. The business has a fifty day moving average price of $10.19. Black Hawk Acquisition has a twelve month low of $10.09 and a twelve month high of $10.30.

Institutional Investors Weigh In On Black Hawk Acquisition

Several hedge funds have recently bought and sold shares of the stock. SkyView Investment Advisors LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter valued at $103,000. TrueMark Investments LLC acquired a new stake in Black Hawk Acquisition in the 2nd quarter worth about $200,000. Clear Street LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter valued at about $531,000. Cowen AND Company LLC acquired a new position in shares of Black Hawk Acquisition during the 2nd quarter worth approximately $544,000. Finally, Warberg Asset Management LLC bought a new position in shares of Black Hawk Acquisition during the second quarter worth approximately $752,000.

About Black Hawk Acquisition

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.