Alussa Energy Acquisition Corp. II (NYSE:ALUB) Short Interest Down 92.5% in May

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 51 shares, a decrease of 92.5% from the April 30th total of 681 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 34,271 shares, the short-interest ratio is currently 0.0 days.

Alussa Energy Acquisition Corp. II Stock Performance

Shares of NYSE:ALUB traded up $0.01 during trading on Thursday, hitting $10.02. The stock had a trading volume of 12,363 shares, compared to its average volume of 71,111. Alussa Energy Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.10.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Alussa Energy Acquisition Corp. II in a report on Wednesday, April 29th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Alussa Energy Acquisition Corp. II Company Profile

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.