Blue Water Acquisition Corp. III (NASDAQ:BLUWW – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 7,315 shares, a decline of 33.5% from the May 14th total of 10,992 shares. Based on an average daily volume of 4,548 shares, the short-interest ratio is presently 1.6 days.
Blue Water Acquisition Corp. III Trading Up 1.1%
NASDAQ:BLUWW opened at $0.42 on Tuesday. Blue Water Acquisition Corp. III has a 1-year low of $0.05 and a 1-year high of $0.85. The company’s fifty day simple moving average is $0.42.
About Blue Water Acquisition Corp. III
Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) organized to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is publicly listed on the Nasdaq exchange under the symbol BLUWW. As a blank-check vehicle, it does not operate an ongoing commercial business of its own but raises capital in public markets to pursue acquisition opportunities.
Like most SPACs, Blue Water Acquisition Corp.
Featured Stories
- Five stocks we like better than Blue Water Acquisition Corp. III
- 3 AI Stocks With Moats That Could Outlast Summer Volatility
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
Receive News & Ratings for Blue Water Acquisition Corp. III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Water Acquisition Corp. III and related companies with MarketBeat.com's FREE daily email newsletter.
