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

Black Hawk Acquisition Co. (NASDAQ:BKHA) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,200 shares, a drop of 43.6% from the November 15th total of 3,900 shares. Based on an average daily volume of 15,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Black Hawk Acquisition Price Performance

NASDAQ:BKHA remained flat at $10.35 on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 28,210. The stock’s fifty day simple moving average is $10.32 and its two-hundred day simple moving average is $10.22. Black Hawk Acquisition has a 52-week low of $10.09 and a 52-week high of $10.46.

Hedge Funds Weigh In On Black Hawk Acquisition

A number of institutional investors have recently modified their holdings of BKHA. Berkley W R Corp acquired a new stake in shares of Black Hawk Acquisition in the third quarter valued at approximately $4,486,000. Shaolin Capital Management LLC bought a new position in Black Hawk Acquisition in the 2nd quarter valued at $3,874,000. Glazer Capital LLC acquired a new stake in shares of Black Hawk Acquisition in the 2nd quarter valued at $1,381,000. Walleye Capital LLC bought a new stake in shares of Black Hawk Acquisition during the third quarter worth $1,309,000. Finally, Whitebox Advisors LLC acquired a new position in shares of Black Hawk Acquisition during the second quarter valued at $1,268,000.

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.