JATT III Acquisition Corp (NASDAQ:JTTT) Short Interest Update

JATT III Acquisition Corp (NASDAQ:JTTT) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 8 shares, a decrease of 99.9% from the August 31st total of 6,358 shares. Based on an average trading volume of 30,362 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

JATT III Acquisition Price Performance

Shares of JTTT traded up $0.00 on Thursday, reaching $11.01. 52,798 shares of the company’s stock were exchanged, compared to its average volume of 58,044. JATT III Acquisition has a 12 month low of $10.56 and a 12 month high of $11.95.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded JATT III Acquisition to a “hold” rating in a report on Saturday, September 5th.

About JATT III Acquisition

JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and acquire, merge with, or otherwise combine with one or more businesses. The company does not operate a traditional business and does not manufacture products or provide ongoing commercial services.

As a blank-check company, JATT III Acquisition Corp. holds funds raised through its public offering while its management team searches for a suitable target. Any proposed transaction would be subject to negotiations, regulatory requirements, and approval by shareholders.

Publicly available information about the company’s target industry focus, geographic markets, operating history, and leadership is limited.