Short Interest in Black Hawk Acquisition Co. (NASDAQ:BKHAU) Increases By ∞

Black Hawk Acquisition Co. (NASDAQ:BKHAU) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 50 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 477 shares, the days-to-cover ratio is presently 0.1 days.

Black Hawk Acquisition Trading Up 0.3%

BKHAU stock traded up $0.03 during trading on Wednesday, reaching $12.03. Black Hawk Acquisition has a twelve month low of $10.70 and a twelve month high of $16.10. The stock’s fifty day simple moving average is $12.12 and its 200 day simple moving average is $12.16.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition (NASDAQ: BKHAU) is a special purpose acquisition company (SPAC) incorporated in Delaware. It was formed to raise capital through an initial public offering for the purpose of identifying and completing a merger, acquisition, or other business combination with one or more businesses.

The company completed its initial public offering in mid-2021, raising gross proceeds that are held in a trust account until a qualifying transaction is consummated. As a blank-check vehicle, Black Hawk Acquisition has no commercial operations or revenue of its own and does not currently report any operating results outside of interest income on its trust holdings.

Black Hawk Acquisition is focused on targeting businesses in sectors where its promoters and advisors have expertise.