SilverBox Corp III (NYSE:SBXC) Short Interest Down 72.2% in October

SilverBox Corp III (NYSE:SBXC) was the recipient of a significant decline in short interest in the month of 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 presently 0.0 days.

SilverBox Corp III Stock Performance

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SilverBox Corp III stock. Quarry LP acquired a new stake in shares of SilverBox Corp III (NYSE:SBXC) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 200,000 shares of the company’s stock, valued at approximately $2,120,000. Quarry LP owned approximately 1.16% of SilverBox Corp III at the end of the most recent quarter. 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.