Three Lions Acquisition Corp. (NASDAQ:TLAC – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,670 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 10,996 shares, the days-to-cover ratio is currently 0.2 days.
Three Lions Acquisition Stock Performance
Shares of NASDAQ TLAC opened at $9.86 on Wednesday. Three Lions Acquisition has a 52 week low of $9.83 and a 52 week high of $9.93.
Three Lions Acquisition Company Profile
Three Lions Acquisition Corp. (NASDAQ: TLAC) is a blank-check company, also known as a special purpose acquisition company (SPAC). It was formed to identify and complete a business combination with one or more operating companies through a merger, capital stock exchange, asset acquisition, reorganization or similar transaction.
Unlike an operating company, Three Lions Acquisition Corp. does not primarily sell products or provide services. Its activities are focused on evaluating potential acquisition targets, conducting due diligence and seeking shareholder approval for a proposed transaction.
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