Columbus Circle Capital Corp III (NASDAQ:CCCT) Sees Large Drop in Short Interest

Columbus Circle Capital Corp III (NASDAQ:CCCT) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 281 shares, a drop of 46.5% from the September 15th total of 525 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 68,565 shares, the days-to-cover ratio is currently 0.0 days.

Columbus Circle Capital Corp III Stock Performance

Shares of NASDAQ:CCCT traded up $0.03 during trading on Thursday, reaching $9.88. 125,583 shares of the stock were exchanged, compared to its average volume of 48,608. Columbus Circle Capital Corp III has a 12-month low of $9.80 and a 12-month high of $10.05. The company has a 50-day moving average price of $9.84.

About Columbus Circle Capital Corp III

Columbus Circle Capital Corp III (NASDAQ:CCCT) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. The company does not have significant operating activities, products or services of its own.

Its stated objective is to raise capital through a public offering and use the proceeds, together with other available funds, to acquire or merge with an operating business. Until a transaction is completed, Columbus Circle Capital Corp III’s activities are primarily focused on evaluating potential merger and acquisition opportunities.

The company is affiliated with Columbus Circle Capital, an investment firm focused on financial services and related businesses.