Atlantic Coastal Acquisition Corp. II (NASDAQ:ACABW – Get Rating) saw a significant decline in short interest in July. As of July 31st, there was short interest totalling 17,300 shares, a decline of 22.1% from the July 15th total of 22,200 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 2.1 days.
Atlantic Coastal Acquisition Corp. II Stock Up 5.9 %
Shares of ACABW stock opened at $0.09 on Friday. The business has a fifty day simple moving average of $0.09. Atlantic Coastal Acquisition Corp. II has a 52 week low of $0.03 and a 52 week high of $0.22.
Get Atlantic Coastal Acquisition Corp. II alerts:Institutional Investors Weigh In On Atlantic Coastal Acquisition Corp. II
Several large investors have recently bought and sold shares of ACABW. Radcliffe Capital Management L.P. purchased a new position in Atlantic Coastal Acquisition Corp. II in the 1st quarter worth approximately $3,714,000. Saba Capital Management L.P. bought a new stake in Atlantic Coastal Acquisition Corp. II in the 1st quarter worth approximately $214,000. Fir Tree Capital Management LP bought a new stake in Atlantic Coastal Acquisition Corp. II in the 1st quarter worth approximately $93,000. Polar Asset Management Partners Inc. bought a new stake in Atlantic Coastal Acquisition Corp. II in the 1st quarter worth approximately $75,000. Finally, Goldman Sachs Group Inc. bought a new stake in Atlantic Coastal Acquisition Corp. II in the 1st quarter worth approximately $32,000.
About Atlantic Coastal Acquisition Corp. II
(Get Rating)Atlantic Coastal Acquisition Corp. II 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. The company was incorporated in 2021 and is based in New York, New York.
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