Black Hawk Acquisition Co. (NASDAQ:BKHA) Sees Large Decrease in Short Interest

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 3,100 shares, a drop of 8.8% from the September 15th total of 3,400 shares. Based on an average daily volume of 15,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Black Hawk Acquisition Stock Up 0.1 %

NASDAQ BKHA traded up $0.01 during mid-day trading on Thursday, reaching $10.26. The stock had a trading volume of 8,687 shares, compared to its average volume of 57,139. Black Hawk Acquisition has a 1 year low of $10.09 and a 1 year high of $10.30. The business’s fifty day moving average price is $10.21.

Hedge Funds Weigh In On Black Hawk Acquisition

Hedge funds have recently added to or reduced their stakes in the company. Shaolin Capital Management LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $3,874,000. Glazer Capital LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $1,381,000. Whitebox Advisors LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $1,268,000. Wolverine Asset Management LLC bought a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $1,014,000. Finally, Warberg Asset Management LLC bought a new stake in Black Hawk Acquisition in the 2nd 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.