A SPAC II Acquisition Co. (NASDAQ:ASCB – Get Rating) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 2,200 shares, a decrease of 29.0% from the March 15th total of 3,100 shares. Based on an average daily volume of 88,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Investors Weigh In On A SPAC II Acquisition
Several large investors have recently added to or reduced their stakes in the stock. Context Capital Management LLC bought a new position in shares of A SPAC II Acquisition during the third quarter worth about $13,944,000. Mizuho Securities USA LLC bought a new position in A SPAC II Acquisition in the 3rd quarter worth about $13,751,000. Hsbc Holdings PLC bought a new stake in shares of A SPAC II Acquisition during the third quarter valued at approximately $8,088,000. Aristeia Capital LLC raised its holdings in shares of A SPAC II Acquisition by 273.7% during the fourth quarter. Aristeia Capital LLC now owns 887,500 shares of the company's stock valued at $9,079,000 after buying an additional 650,000 shares during the last quarter. Finally, Shaolin Capital Management LLC grew its holdings in A SPAC II Acquisition by 205.0% in the 4th quarter. Shaolin Capital Management LLC now owns 952,177 shares of the company's stock worth $9,741,000 after buying an additional 640,014 shares in the last quarter. 89.37% of the stock is owned by institutional investors and hedge funds.
Get A SPAC II Acquisition alerts:A SPAC II Acquisition Stock Up 0.1 %
Shares of A SPAC II Acquisition stock traded up $0.01 on Tuesday, reaching $10.42. 81,679 shares of the company were exchanged, compared to its average volume of 122,302. A SPAC II Acquisition has a 1-year low of $9.81 and a 1-year high of $10.48. The company's 50-day moving average is $10.36 and its two-hundred day moving average is $10.21.
About A SPAC II Acquisition
(Get Rating)
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.
Read More
- Get a free copy of the StockNews.com research report on A SPAC II Acquisition (ASCB)
- Gamida Cell Stock Jumps Over 100% on FDA Approval
- Insiders Buy EasyJet, Regularly And Repeatedly
- Bank of America Beats Earnings, Renews Investor Upside Potential
- The Analysts See A Bright Future For Sunrun
- J.B. Hunt: Economic Contraction And A Buying Opportunity
Receive News & Ratings for A SPAC II Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A SPAC II Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.