Short Interest in Black Hawk Acquisition Co. (NASDAQ:BKHA) Rises By 100.0%

Black Hawk Acquisition Co. (NASDAQ:BKHA) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 5,800 shares, a growth of 100.0% from the October 15th total of 2,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 0.6 days.

Black Hawk Acquisition Price Performance

Black Hawk Acquisition stock opened at $10.37 on Thursday. The firm has a 50 day simple moving average of $10.27. Black Hawk Acquisition has a 12 month low of $10.09 and a 12 month high of $10.46.

Hedge Funds Weigh In On Black Hawk Acquisition

Large investors have recently added to or reduced their stakes in the stock. TrueMark Investments LLC acquired a new stake in shares of Black Hawk Acquisition in the second quarter worth approximately $200,000. Wolverine Asset Management LLC acquired a new stake in Black Hawk Acquisition in the 2nd quarter valued at about $1,014,000. Cowen AND Company LLC purchased a new position in Black Hawk Acquisition in the 2nd quarter worth approximately $544,000. Warberg Asset Management LLC acquired a new position in shares of Black Hawk Acquisition during the 2nd quarter worth approximately $752,000. Finally, Clear Street LLC purchased a new stake in shares of Black Hawk Acquisition in the second quarter valued at approximately $531,000.

Black Hawk Acquisition Company Profile

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.