Black Hawk Acquisition Co. (NASDAQ:BKHAU) Sees Significant Drop in Short Interest

Black Hawk Acquisition Co. (NASDAQ:BKHAU) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 1,000 shares, a decline of 58.3% from the August 31st total of 2,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is presently 0.2 days.

Black Hawk Acquisition Price Performance

NASDAQ:BKHAU traded down 0.57 on Friday, hitting 10.56. 900 shares of the company’s stock traded hands, compared to its average volume of 22,513. The firm’s 50-day simple moving average is 10.58. Black Hawk Acquisition has a 1 year low of 10.08 and a 1 year high of 12.21.

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.