Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB – Get Rating) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 3,800 shares, a decline of 37.7% from the September 30th total of 6,100 shares. Based on an average trading volume of 39,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Atlantic Coastal Acquisition Corp. II Trading Up 0.3 %

Atlantic Coastal Acquisition Corp. II stock opened at $10.06 on Thursday. Atlantic Coastal Acquisition Corp. II has a 12-month low of $9.87 and a 12-month high of $10.08. The firm's fifty day moving average is $10.01 and its 200 day moving average is $9.98.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. State Street Corp bought a new stake in Atlantic Coastal Acquisition Corp. II during the 2nd quarter valued at $183,000. OMERS ADMINISTRATION Corp bought a new stake in Atlantic Coastal Acquisition Corp. II during the 1st quarter valued at $496,000. Berkley W R Corp bought a new stake in Atlantic Coastal Acquisition Corp. II during the 1st quarter valued at $991,000. Sculptor Capital LP bought a new stake in Atlantic Coastal Acquisition Corp. II during the 1st quarter valued at $991,000. Finally, Karpus Management Inc. bought a new stake in Atlantic Coastal Acquisition Corp. II during the 2nd quarter valued at $998,000.

Atlantic Coastal Acquisition Corp. II Company Profile

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in mobility sector. Atlantic Coastal Acquisition Corp.

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