Colonnade Acquisition Corp. II (NYSE:CLAA – Get Rating) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 12,000 shares, a decline of 80.7% from the November 30th total of 62,200 shares. Based on an average trading volume of 90,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Colonnade Acquisition Corp. II

Several institutional investors have recently modified their holdings of the business. Virtu Financial LLC purchased a new stake in Colonnade Acquisition Corp. II in the third quarter worth approximately $204,000. Basso Capital Management L.P. purchased a new stake in shares of Colonnade Acquisition Corp. II during the 1st quarter valued at about $236,000. Bank of Montreal Can bought a new position in shares of Colonnade Acquisition Corp. II in the 2nd quarter worth approximately $1,236,000. Credit Suisse AG purchased a new position in shares of Colonnade Acquisition Corp. II in the third quarter worth approximately $1,984,000. Finally, Aristeia Capital LLC bought a new stake in Colonnade Acquisition Corp. II during the second quarter valued at approximately $3,740,000. 70.27% of the stock is owned by hedge funds and other institutional investors.

Colonnade Acquisition Corp. II Stock Down 0.1 %

Shares of Colonnade Acquisition Corp. II stock traded down $0.01 on Thursday, reaching $10.05. The company's stock had a trading volume of 193,320 shares, compared to its average volume of 79,137. Colonnade Acquisition Corp. II has a 52 week low of $9.67 and a 52 week high of $10.10. The firm's fifty day simple moving average is $9.99 and its two-hundred day simple moving average is $9.91.

About Colonnade Acquisition Corp. II

Colonnade Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in West Palm Beach, Florida.

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