Blue Water Acquisition Corp. IV (NYSE:BWIV) Short Interest Down 58.0% in August

Blue Water Acquisition Corp. IV (NYSE:BWIVGet Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 660 shares, a drop of 58.0% from the August 15th total of 1,572 shares. Based on an average daily volume of 18,460 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on shares of Blue Water Acquisition Corp. IV in a research report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Blue Water Acquisition Corp. IV currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on Blue Water Acquisition Corp. IV

Blue Water Acquisition Corp. IV Stock Up 0.3%

BWIV stock traded up $0.03 during mid-day trading on Monday, hitting $9.97. The stock had a trading volume of 1,306 shares, compared to its average volume of 21,526. The stock’s fifty day moving average is $9.93. Blue Water Acquisition Corp. IV has a 52 week low of $9.85 and a 52 week high of $10.00.

Blue Water Acquisition Corp. IV Company Profile

(Get Free Report)

Blue Water Acquisition Corp IV is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Further Reading

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