Black Hawk Acquisition Co. (NASDAQ:BKHA) Short Interest Update

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 3,400 shares, a growth of 21.4% from the August 31st total of 2,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.2 days.

Black Hawk Acquisition Price Performance

Black Hawk Acquisition stock remained flat at $10.24 during trading hours on Friday. 5,000 shares of the company’s stock traded hands, compared to its average volume of 21,152. The stock has a 50-day moving average price of $10.19. Black Hawk Acquisition has a twelve month low of $10.09 and a twelve month high of $10.30.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Cowen AND Company LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter valued at approximately $544,000. Wolverine Asset Management LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter valued at approximately $1,014,000. Shaolin Capital Management LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter valued at approximately $3,874,000. Warberg Asset Management LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter valued at approximately $752,000. Finally, Clear Street LLC purchased a new position in shares of Black Hawk Acquisition during the second quarter valued at approximately $531,000.

About Black Hawk Acquisition

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.