A SPAC II Acquisition Corp. (NASDAQ:ASCB) Sees Large Drop in Short Interest

A SPAC II Acquisition Corp. (NASDAQ:ASCBGet Free Report) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 600 shares, a decrease of 86.0% from the May 31st total of 4,300 shares. Based on an average trading volume of 9,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

A SPAC II Acquisition Stock Down 0.3 %

ASCB traded down $0.03 on Friday, reaching $11.19. 10,306 shares of the company’s stock were exchanged, compared to its average volume of 13,417. The company’s 50 day moving average is $11.15 and its 200-day moving average is $11.10. A SPAC II Acquisition has a twelve month low of $10.48 and a twelve month high of $12.02.

Institutional Trading of A SPAC II Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the business. Cable Car Capital LLC acquired a new stake in A SPAC II Acquisition during the 4th quarter worth approximately $272,000. Virtu Financial LLC acquired a new stake in A SPAC II Acquisition during the 4th quarter worth approximately $827,000. Shaolin Capital Management LLC acquired a new stake in A SPAC II Acquisition in the first quarter valued at approximately $880,000. Walleye Trading LLC acquired a new stake in A SPAC II Acquisition in the third quarter valued at approximately $1,060,000. Finally, Walleye Capital LLC acquired a new stake in A SPAC II Acquisition in the third quarter valued at approximately $1,943,000. Institutional investors and hedge funds own 95.62% of the company’s stock.

A SPAC II Acquisition Company Profile

(Get Free Report)

A SPAC II Acquisition Corp. does not have significant operations. The company 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 primarily in North America, Europe, and Asia.

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