SilverBox Corp III (NYSE:SBXC) Short Interest Down 72.2% in October

SilverBox Corp III (NYSE:SBXC) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 500 shares, a decrease of 72.2% from the September 30th total of 1,800 shares. Based on an average daily volume of 76,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SilverBox Corp III stock. Quarry LP acquired a new stake in shares of SilverBox Corp III (NYSE:SBXC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 200,000 shares of the company’s stock, valued at approximately $2,120,000. Quarry LP owned 1.16% of SilverBox Corp III at the end of the most recent reporting period. Institutional investors own 82.82% of the company’s stock.

SilverBox Corp III Trading Down 0.8 %

NYSE:SBXC traded down $0.09 during mid-day trading on Friday, hitting $10.79. The stock had a trading volume of 800 shares, compared to its average volume of 57,830. The company has a 50 day simple moving average of $10.77 and a 200-day simple moving average of $10.65. SilverBox Corp III has a 52 week low of $10.24 and a 52 week high of $11.65.

SilverBox Corp III Company Profile

SilverBox Corp III does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on businesses in the consumer, food and agriculture, e-commerce, Internet and retail, financial services, financial technology, media, entertainment and hospitality, business services, software and SaaS, telecommunications services and technology, industrial technology, and infrastructure and energy transition sectors.