Archimedes Tech SPAC Partners III Co. (NASDAQ:ARCI – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 992 shares, a decline of 64.8% from the July 30th total of 2,815 shares. Based on an average daily volume of 38,839 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.
Archimedes Tech SPAC Partners III Stock Performance
NASDAQ ARCI opened at $10.14 on Friday. The company’s 50-day simple moving average is $10.09. Archimedes Tech SPAC Partners III has a 12-month low of $9.83 and a 12-month high of $10.20. The stock has a market capitalization of $17.19 million, a price-to-earnings ratio of -5.07 and a beta of 1.13.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings initiated coverage on Archimedes Tech SPAC Partners III in a report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
About Archimedes Tech SPAC Partners III
Archimedes Tech SPAC Partners III Co is a blank check company.
Featured Stories
- Five stocks we like better than Archimedes Tech SPAC Partners III
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for Archimedes Tech SPAC Partners III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archimedes Tech SPAC Partners III and related companies with MarketBeat.com's FREE daily email newsletter.
