A SPAC II Acquisition Co. (NASDAQ:ASCB – Get Rating) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 3,300 shares, a decrease of 68.3% from the December 31st total of 10,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 56,400 shares, the days-to-cover ratio is currently 0.1 days.

A SPAC II Acquisition Price Performance

ASCB stock opened at $10.22 on Monday. A SPAC II Acquisition has a fifty-two week low of $9.81 and a fifty-two week high of $10.48. The business's 50-day moving average is $10.15 and its two-hundred day moving average is $10.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ASCB. Wolverine Asset Management LLC bought a new position in A SPAC II Acquisition in the second quarter valued at about $688,000. Dakota Wealth Management purchased a new stake in A SPAC II Acquisition in the second quarter worth about $452,000. Skaana Management L.P. purchased a new stake in A SPAC II Acquisition in the second quarter worth about $1,965,000. Hudson Bay Capital Management LP purchased a new stake in A SPAC II Acquisition in the second quarter worth about $14,760,000. Finally, Starboard Value LP purchased a new stake in shares of A SPAC II Acquisition during the second quarter worth about $7,380,000. Institutional investors own 89.37% of the company's stock.

A SPAC II Acquisition Company Profile

A SPAC II Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue prospective targets that are in the industries that apply technologies, such as Proptech and Fintech in North America, Europe, and Asia.

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