Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Up 496.3% in May
by Renee Jackson · The Cerbat GemColombier Acquisition Corp. II (NYSE:CLBR – Get Free Report) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 11,460 shares, an increase of 496.3% from the May 14th total of 1,922 shares. Based on an average daily volume of 16,726 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC purchased a new position in shares of Colombier Acquisition Corp. II (NYSE:CLBR – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned 0.06% of Colombier Acquisition Corp. II at the end of the most recent reporting period. 4.80% of the stock is currently owned by hedge funds and other institutional investors.
Colombier Acquisition Corp. II Trading Up 0.1%
Shares of NYSE CLBR traded up $0.02 during mid-day trading on Thursday, reaching $10.28. The company had a trading volume of 219 shares, compared to its average volume of 42,518. The firm has a 50 day simple moving average of $10.13 and a two-hundred day simple moving average of $14.39. Colombier Acquisition Corp. II has a 52-week low of $10.01 and a 52-week high of $10.40.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a research report on Saturday, April 4th.
Get Our Latest Stock Analysis on CLBR
Colombier Acquisition Corp. II Company Profile
Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.