Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) Short Interest Up 150.1% in July

Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,641 shares, a growth of 150.1% from the June 30th total of 1,456 shares. Based on an average trading volume of 121,072 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Crane Harbor Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Crane Harbor Acquisition Corp. II Stock Performance

NASDAQ CRAN remained flat at $10.14 on Wednesday. 1,343 shares of the company were exchanged, compared to its average volume of 69,935. The business has a 50 day moving average of $10.11. Crane Harbor Acquisition Corp. II has a twelve month low of $9.88 and a twelve month high of $10.21.

About Crane Harbor Acquisition Corp. II

Crane Harbor Acquisition Corp. II (NASDAQ: CRAN) is a publicly traded special purpose acquisition company (SPAC), commonly known as a blank-check company. Like other SPACs, its primary business activity is to raise capital through an initial public offering with the goal of identifying and completing a business combination, merger, acquisition or other similar transaction that will result in an operating company becoming publicly listed. The company’s ordinary course involves maintaining proceeds in trust while pursuing potential targets and negotiating transaction terms.

As a SPAC, Crane Harbor Acquisition Corp.