share_log

Colonnade Acquisition Corp. II (NYSE:CLAA) Sees Significant Decline in Short Interest

Financial News Live ·  Dec 29, 2022 23:21

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.

Get Colonnade Acquisition Corp. II alerts:

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

(Get Rating)

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.

See Also

  • Get a free copy of the StockNews.com research report on Colonnade Acquisition Corp. II (CLAA)
  • 3 High-Yield Dividend Stocks to Hold for the Long Haul
  • Cal-Maine Posts Record Quarter, Remain CALM Income Investors
  • Tesla Stock: What the Bulls and the Bears Are Getting Wrong
  • Big Health Care Stocks to Watch in the New Year
  • The Top Three Stocks Analysts Say To Buy

Receive News & Ratings for Colonnade Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colonnade Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment