Black Hawk Acquisition Co. (NASDAQ:BKHA – Get Free Report) was the recipient of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 3,900 shares, a decrease of 32.8% from the October 31st total of 5,800 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.
Hedge Funds Weigh In On Black Hawk Acquisition
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKHA. Mizuho Securities USA LLC lifted its stake in shares of Black Hawk Acquisition by 17.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 602,440 shares of the company’s stock worth $6,133,000 after buying an additional 91,112 shares during the last quarter. Berkley W R Corp bought a new position in Black Hawk Acquisition in the 3rd quarter valued at about $4,486,000. Shaolin Capital Management LLC acquired a new stake in shares of Black Hawk Acquisition during the second quarter worth $3,874,000. Glazer Capital LLC bought a new stake in shares of Black Hawk Acquisition in the second quarter valued at about $1,381,000. Finally, Walleye Capital LLC acquired a new position in shares of Black Hawk Acquisition in the third quarter valued at about $1,309,000.
Black Hawk Acquisition Price Performance
Shares of NASDAQ BKHA remained flat at $10.36 during midday trading on Friday. The stock had a trading volume of 700 shares, compared to its average volume of 48,009. Black Hawk Acquisition has a one year low of $10.09 and a one year high of $10.46. The company’s 50 day moving average is $10.30.
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.
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