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Short Interest in AMCI Acquisition Corp. II (NASDAQ:AMCIW) Increases By 70.5%

Defense World ·  Aug 27, 2022 03:21

AMCI Acquisition Corp. II (NASDAQ:AMCIW – Get Rating) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 13,300 shares, an increase of 70.5% from the July 31st total of 7,800 shares. Based on an average daily volume of 21,100 shares, the days-to-cover ratio is presently 0.6 days.

AMCI Acquisition Corp. II Price Performance

AMCI Acquisition Corp. II stock opened at $0.57 on Friday. AMCI Acquisition Corp. II has a one year low of $0.14 and a one year high of $1.02. The stock has a fifty day moving average of $0.24.

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Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Q Global Advisors LLC increased its stake in shares of AMCI Acquisition Corp. II by 48.6% in the 1st quarter. Q Global Advisors LLC now owns 111,440 shares of the company's stock worth $64,000 after purchasing an additional 36,440 shares in the last quarter. Serengeti Asset Management LP purchased a new position in shares of AMCI Acquisition Corp. II during the first quarter worth approximately $75,000. EHP Funds Inc. purchased a new position in AMCI Acquisition Corp. II during the first quarter valued at approximately $91,000. Calamos Advisors LLC purchased a new position in AMCI Acquisition Corp. II during the first quarter valued at approximately $173,000. Finally, Highbridge Capital Management LLC acquired a new stake in AMCI Acquisition Corp. II in the first quarter valued at approximately $648,000.

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