SilverBox Corp IV (NYSE:SBXD) Short Interest Update

by · The Cerbat Gem

SilverBox Corp IV (NYSE:SBXD – Get Free Report) was the target of a significant decrease in short interest during the month of 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. Based on an average daily volume of 125,066 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On SilverBox Corp IV

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rangeley Capital LLC purchased a new position in shares of SilverBox Corp IV during the second quarter valued at $110,000. Schonfeld Strategic Advisors LLC purchased a new stake in SilverBox Corp IV in the 4th quarter worth about $205,000. HRT Financial LP boosted its position in SilverBox Corp IV by 19.0% during the 4th quarter. HRT Financial LP now owns 139,195 shares of the company’s stock worth $1,472,000 after acquiring an additional 22,196 shares during the period. Citadel Advisors LLC acquired a new stake in SilverBox Corp IV during the 3rd quarter worth about $489,000. Finally, Radcliffe Capital Management L.P. grew its stake 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 valued at $2,406,000 after acquiring an additional 50,042 shares in the last quarter.

Analyst Ratings Changes

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, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on SilverBox Corp IV

SilverBox Corp IV Stock Performance

SBXD traded down $0.35 during trading on Thursday, reaching $10.85. The company had a trading volume of 152 shares, compared to its average volume of 35,974. The firm’s 50-day simple moving average is $10.83 and its 200 day simple moving average is $10.76. The company has a market cap of $69.68 million, a price-to-earnings ratio of 51.67 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 posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.07 EPS for the quarter. The firm had revenue of $1.92 million for the quarter.

SilverBox Corp IV Company Profile

(Get Free Report)

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.

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