SilverBox Corp III (NYSE:SBXC) Short Interest Update

SilverBox Corp III (NYSE:SBXC) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 5,100 shares, a decline of 97.5% from the August 15th total of 202,300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 97,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of SilverBox Corp III

Several hedge funds and other institutional investors have recently bought and sold shares of SBXC. Mizuho Securities USA LLC purchased a new position in shares of SilverBox Corp III during the first quarter valued at approximately $705,000. Bulldog Investors LLP boosted its stake in shares of SilverBox Corp III by 31.4% during the fourth quarter. Bulldog Investors LLP now owns 194,353 shares of the company’s stock valued at $2,004,000 after purchasing an additional 46,403 shares during the period. Finally, Quarry LP bought a new position in shares of SilverBox Corp III in the second quarter worth about $2,120,000. Hedge funds and other institutional investors own 82.82% of the company’s stock.

SilverBox Corp III Stock Performance

NYSE SBXC remained flat at $10.73 on Thursday. 5 shares of the company’s stock were exchanged, compared to its average volume of 99,522. The stock’s 50 day moving average is $10.67 and its 200 day moving average is $10.58. SilverBox Corp III has a one year low of $10.20 and a one year high of $11.32.

SilverBox Corp III Company Profile

SilverBox Corp III does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on businesses in the consumer, food and agriculture, e-commerce, Internet and retail, financial services, financial technology, media, entertainment and hospitality, business services, software and SaaS, telecommunications services and technology, industrial technology, and infrastructure and energy transition sectors.