Black Hawk Acquisition Co. (NASDAQ:BKHA) Short Interest Down 17.6% in August

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,800 shares, a decline of 17.6% from the August 15th total of 3,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Black Hawk Acquisition

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

Black Hawk Acquisition Stock Performance

BKHA opened at $10.21 on Wednesday. Black Hawk Acquisition has a 12-month low of $10.09 and a 12-month high of $10.22. The company has a fifty day moving average of $10.17.

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.