JATT III Acquisition Corp (NASDAQ:JTTT) Shares Shorted: Short Interest Down 99.8% in October

JATT III Acquisition Corp (NASDAQ:JTTT) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 2 shares, a decline of 99.8% from the September 30th total of 1,216 shares. Based on an average daily volume of 4,894 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded JATT III Acquisition to a “hold” rating in a research note on Saturday, September 5th.

JATT III Acquisition Stock Up 0.2%

JTTT opened at $10.32 on Wednesday. The firm’s 50-day moving average is $10.78. JATT III Acquisition has a 52 week low of $10.15 and a 52 week high of $11.95.

JATT III Acquisition Company Profile

JATT III Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.

Unlike an operating company, JATT III Acquisition Corp. does not manufacture products or provide ongoing commercial services. Its activities are focused on raising capital, evaluating potential acquisition targets, and completing a transaction intended to create a publicly traded operating company.