SilverBox Engaged Merger Corp I (NASDAQ:SBEA) Sees Large Drop in Short Interest

SilverBox Engaged Merger Corp I (NASDAQ:SBEA) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 2,400 shares, a drop of 69.2% from the August 15th total of 7,800 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 20,400 shares, the short-interest ratio is presently 0.1 days.

Shares of NASDAQ:SBEA opened at $9.75 on Wednesday. The company has a 50-day simple moving average of $9.69. SilverBox Engaged Merger Corp I has a 52-week low of $9.61 and a 52-week high of $9.95.

Large investors have recently modified their holdings of the company. Glazer Capital LLC acquired a new stake in SilverBox Engaged Merger Corp I during the second quarter worth about $146,000. Ancora Advisors LLC acquired a new stake in SilverBox Engaged Merger Corp I during the second quarter valued at approximately $277,000. PEAK6 Investments LLC acquired a new stake in SilverBox Engaged Merger Corp I during the second quarter valued at approximately $291,000. Segantii Capital Management Ltd acquired a new stake in SilverBox Engaged Merger Corp I during the second quarter valued at approximately $388,000. Finally, Bloom Tree Partners LLC acquired a new stake in SilverBox Engaged Merger Corp I during the second quarter valued at approximately $400,000.

SilverBox Engaged Merger Corp I Company Profile

SilverBox Engaged Merger Corp I, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Austin, Texas.

Recommended Story: What are the advantages to having securities held in street name?

Receive News & Ratings for SilverBox Engaged Merger Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverBox Engaged Merger Corp I and related companies with MarketBeat.com's FREE daily email newsletter.