RMG Acquisition Corp. III (NASDAQ:RMGC) Short Interest Update

RMG Acquisition Corp. III (NASDAQ:RMGC) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 13,300 shares, a drop of 87.4% from the September 15th total of 105,200 shares. Based on an average daily trading volume, of 79,200 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Shares of RMGC stock opened at $9.75 on Thursday. RMG Acquisition Corp. III has a fifty-two week low of $9.58 and a fifty-two week high of $10.09. The firm has a fifty day moving average price of $9.71.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Q Global Advisors LLC acquired a new stake in shares of RMG Acquisition Corp. III during the first quarter valued at $98,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of RMG Acquisition Corp. III during the second quarter valued at $120,000. Geode Capital Management LLC acquired a new stake in shares of RMG Acquisition Corp. III during the second quarter valued at $128,000. Financial Advisory Group acquired a new stake in shares of RMG Acquisition Corp. III during the second quarter valued at $146,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of RMG Acquisition Corp. III during the second quarter valued at $159,000.

About RMG Acquisition Corp. III

RMG Acquisition Corp. III focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.

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