Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI) Sees Significant Growth in Short Interest

Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCIGet Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 7,160 shares, an increase of 225.6% from the May 14th total of 2,199 shares. Based on an average daily volume of 15,174 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are short sold.

Archimedes Tech SPAC Partners III Stock Performance

Shares of ARCI remained flat at $9.98 during trading on Thursday. The company’s stock had a trading volume of 30 shares, compared to its average volume of 41,617. The stock’s fifty day simple moving average is $9.92. Archimedes Tech SPAC Partners III has a one year low of $9.83 and a one year high of $10.06. The company has a market capitalization of $16.92 million, a P/E ratio of -4.99 and a beta of 1.13.

Archimedes Tech SPAC Partners III Company Profile

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Archimedes Tech SPAC Partners III Co is a blank check company.

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