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

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,400 shares, a decrease of 22.6% from the December 15th total of 3,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 12,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BKHA. Mizuho Securities USA LLC lifted its stake in shares of Black Hawk Acquisition by 17.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 602,440 shares of the company’s stock worth $6,133,000 after acquiring an additional 91,112 shares during the period. Berkley W R Corp bought a new position in Black Hawk Acquisition during the 3rd quarter valued at $4,486,000. Shaolin Capital Management LLC acquired a new position in shares of Black Hawk Acquisition during the 2nd quarter valued at $3,874,000. Rivernorth Capital Management LLC raised its stake in shares of Black Hawk Acquisition by 25.0% in the 3rd quarter. Rivernorth Capital Management LLC now owns 314,985 shares of the company’s stock worth $3,225,000 after buying an additional 63,015 shares in the last quarter. Finally, Glazer Capital LLC acquired a new stake in shares of Black Hawk Acquisition in the second quarter valued at $1,381,000.

Black Hawk Acquisition Stock Performance

Shares of NASDAQ BKHA traded up $0.01 during midday trading on Friday, hitting $10.41. 10 shares of the company’s stock were exchanged, compared to its average volume of 12,626. The stock’s 50 day moving average price is $10.36 and its 200-day moving average price is $10.27. Black Hawk Acquisition has a twelve month low of $10.09 and a twelve month high of $10.46.

Black Hawk Acquisition Company Profile

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.