Short Interest in Blue Water Acquisition Corp. III (NASDAQ:BLUWU) Drops By 37.8%

Posted by Teresa Graham on Jul 2nd, 2026

Blue Water Acquisition Corp. III (NASDAQ:BLUWU – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 970 shares, a drop of 37.8% from the May 31st total of 1,560 shares. Based on an average daily volume of 2,246 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BLUWU. Anson Funds Management LP acquired a new stake in Blue Water Acquisition Corp. III during the fourth quarter worth about $1,055,000. Clear Street Group Inc. raised its position in shares of Blue Water Acquisition Corp. III by 151.3% during the 4th quarter. Clear Street Group Inc. now owns 259,755 shares of the company’s stock worth $2,740,000 after purchasing an additional 156,372 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Blue Water Acquisition Corp. III in the 3rd quarter worth approximately $158,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Blue Water Acquisition Corp. III in the 3rd quarter worth approximately $100,000. Finally, Radcliffe Capital Management L.P. acquired a new position in Blue Water Acquisition Corp. III during the 2nd quarter valued at approximately $5,005,000.

Blue Water Acquisition Corp. III Stock Performance

Blue Water Acquisition Corp. III stock remained flat at $10.48 during mid-day trading on Thursday. The stock has a fifty day simple moving average of $10.57 and a two-hundred day simple moving average of $10.57. Blue Water Acquisition Corp. III has a 1-year low of $10.00 and a 1-year high of $12.85.

Blue Water Acquisition Corp. III Company Profile

(Get Free Report)

Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in Delaware in March 2021 and listed on the Nasdaq under the ticker symbol BLUWU. As a blank‐check company, its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

The company is sponsored by affiliates of Blue Water Acquisition Holdings III LLC and seeks to leverage its management team’s experience to target opportunities in sectors such as financial technology, consumer products and services, and business services.