Black Hawk Acquisition Co. (NASDAQ:BKHA) Short Interest Up 21.4% in September

Black Hawk Acquisition Co. (NASDAQ:BKHA) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 3,400 shares, a growth of 21.4% from the August 31st total of 2,800 shares. Based on an average daily trading volume, of 16,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC bought a new position in shares of Black Hawk Acquisition in the 2nd quarter valued at $103,000. TrueMark Investments LLC acquired a new stake in Black Hawk Acquisition in the second quarter valued at about $200,000. Clear Street LLC acquired a new stake in Black Hawk Acquisition in the second quarter valued at about $531,000. Cowen AND Company LLC acquired a new stake in Black Hawk Acquisition in the second quarter valued at about $544,000. Finally, Warberg Asset Management LLC bought a new position in Black Hawk Acquisition in the second quarter valued at about $752,000.

Black Hawk Acquisition Trading Up 0.4 %

Shares of NASDAQ:BKHA traded up $0.04 during midday trading on Monday, hitting $10.24. The stock had a trading volume of 115,100 shares, compared to its average volume of 59,924. The stock has a 50-day moving average price of $10.19. Black Hawk Acquisition has a fifty-two week low of $10.09 and a fifty-two week high of $10.30.

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.