JATT III Acquisition Corp (NASDAQ:JTTT) Sees Significant Growth in Short Interest

JATT III Acquisition Corp (NASDAQ:JTTT) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 19 shares, an increase of 850.0% from the October 15th total of 2 shares. Based on an average daily volume of 9,235 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

JATT III Acquisition Price Performance

NASDAQ JTTT traded down $0.01 during trading on Thursday, hitting $10.29. 121 shares of the company traded hands, compared to its average volume of 17,214. JATT III Acquisition has a 12 month low of $10.15 and a 12 month high of $11.95. The business’s fifty day simple moving average is $10.65.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded JATT III Acquisition to a “hold” rating in a report on Saturday, September 5th.

About JATT III Acquisition

JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses. Unlike an operating company, JATT III Acquisition Corp. does not manufacture products or provide ongoing commercial services. Its activities are focused on raising capital, evaluating potential acquisition targets, and completing a transaction intended to create a publicly traded operating company.