Three Lions Acquisition Corp. (NASDAQ:TLACU – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 165 shares, a decline of 95.0% from the September 15th total of 3,293 shares. Based on an average trading volume of 8,567 shares, the short-interest ratio is presently 0.0 days.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Three Lions Acquisition to a “hold” rating in a research note on Saturday, September 12th.
View Our Latest Stock Report on TLACU
Three Lions Acquisition Stock Performance
About Three Lions Acquisition
Three Lions Acquisition Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol TLACU. The company was formed to identify and complete a business combination with one or more operating businesses.
As a blank-check company, Three Lions Acquisition does not have significant operating products or services of its own. Its activities primarily involve seeking a merger, share exchange, asset acquisition, reorganization or similar transaction with a target company.
Specific information about the company’s target industry, geographic operations and leadership is limited.
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