SilverBox Corp III (NYSE:SBXC) Sees Significant Decline in Short Interest

SilverBox Corp III (NYSE:SBXC) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decline of 72.2% from the September 30th total of 1,800 shares. Based on an average trading volume of 76,700 shares, the short-interest ratio is currently 0.0 days.

SilverBox Corp III Stock Performance

NYSE SBXC traded down $0.09 on Friday, hitting $10.79. The stock had a trading volume of 800 shares, compared to its average volume of 57,830. The firm has a 50-day moving average of $10.77 and a 200-day moving average of $10.65. SilverBox Corp III has a 52-week low of $10.24 and a 52-week high of $11.65.

Institutional Trading of SilverBox Corp III

A hedge fund recently bought a new stake in SilverBox Corp III stock. Mizuho Securities USA LLC bought a new stake in shares of SilverBox Corp III (NYSE:SBXC) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 67,312 shares of the company’s stock, valued at approximately $705,000. Mizuho Securities USA LLC owned about 0.39% of SilverBox Corp III at the end of the most recent reporting period. Institutional investors and hedge funds own 82.82% of the company’s stock.

About SilverBox Corp III

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.