SilverBox Corp IV (NYSE:SBXD) Short Interest Update
by Danessa Lincoln · The Markets DailySilverBox Corp IV (NYSE:SBXD – Get Free Report) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 615 shares, a decrease of 88.4% from the July 30th total of 5,320 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 125,066 shares, the short-interest ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “sell (d)” rating on shares of SilverBox Corp IV in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
View Our Latest Stock Analysis on SilverBox Corp IV
Institutional Investors Weigh In On SilverBox Corp IV
Several institutional investors have recently modified their holdings of SBXD. Berkley W R Corp boosted its holdings in SilverBox Corp IV by 25.0% in the 1st quarter. Berkley W R Corp now owns 1,514,573 shares of the company’s stock valued at $16,206,000 after purchasing an additional 302,899 shares in the last quarter. Wolverine Asset Management LLC lifted its position in SilverBox Corp IV by 44.5% in the 4th quarter. Wolverine Asset Management LLC now owns 972,109 shares of the company’s stock valued at $10,285,000 after purchasing an additional 299,497 shares during the last quarter. Crossingbridge Advisors LLC acquired a new stake in shares of SilverBox Corp IV in the fourth quarter valued at $6,741,000. Radcliffe Capital Management L.P. grew its position in SilverBox Corp IV by 28.2% during the 4th quarter. Radcliffe Capital Management L.P. now owns 227,454 shares of the company’s stock worth $2,406,000 after purchasing an additional 50,042 shares in the last quarter. Finally, Meteora Capital LLC bought a new position in SilverBox Corp IV during the third quarter valued at approximately $1,570,000.
SilverBox Corp IV Price Performance
SBXD stock traded down $0.35 during mid-day trading on Tuesday, hitting $10.85. 734 shares of the stock were exchanged, compared to its average volume of 36,222. The business has a fifty day moving average price of $10.83 and a 200 day moving average price of $10.76. The stock has a market capitalization of $69.62 million, a price-to-earnings ratio of 51.64 and a beta of 0.06. SilverBox Corp IV has a 12 month low of $10.41 and a 12 month high of $11.20.
SilverBox Corp IV (NYSE:SBXD – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.07 EPS for the quarter. The business had revenue of $1.92 million for the quarter.
About SilverBox Corp IV
SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.
The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.