SilverBox Corp IV (NYSE:SBXD) Short Interest Up 109.1% in July

SilverBox Corp IV (NYSE:SBXD) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 573 shares, a growth of 109.1% from the June 30th total of 274 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,112 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SilverBox Corp IV in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

SilverBox Corp IV Stock Up 0.0%

Shares of NYSE SBXD traded up $0.01 during midday trading on Thursday, reaching $10.86. 168 shares of the company were exchanged, compared to its average volume of 17,393. The stock’s 50-day moving average price is $10.81 and its 200-day moving average price is $10.73. The stock has a market cap of $276.26 million, a P/E ratio of 54.27 and a beta of 0.06. SilverBox Corp IV has a one year low of $10.35 and a one year high of $11.10.

SilverBox Corp IV (NYSE:SBXD) last released its quarterly earnings data on Friday, May 15th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $1.87 million during the quarter.

Institutional Trading of SilverBox Corp IV

A number of large investors have recently bought and sold shares of the business. Berkley W R Corp increased its stake in shares of SilverBox Corp IV by 25.0% in the 1st quarter. Berkley W R Corp now owns 1,514,573 shares of the company’s stock valued at $16,206,000 after acquiring an additional 302,899 shares in the last quarter. Creek Drive Management Group LLC bought a new position in SilverBox Corp IV during the fourth quarter worth $1,481,000. Lineage Point Capital LP bought a new position in SilverBox Corp IV during the fourth quarter worth $529,000. Schonfeld Strategic Advisors LLC acquired a new stake in SilverBox Corp IV in the fourth quarter worth $205,000. Finally, Radcliffe Capital Management L.P. grew its holdings in SilverBox Corp IV by 28.2% in the fourth quarter. Radcliffe Capital Management L.P. now owns 227,454 shares of the company’s stock worth $2,406,000 after purchasing an additional 50,042 shares during the period.

About SilverBox Corp IV

SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.

The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.