Short Interest in Artius II Acquisition Inc. (NASDAQ:AACB) Declines By 61.0%

Artius II Acquisition Inc. (NASDAQ:AACB) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 704 shares, a decrease of 61.0% from the July 15th total of 1,805 shares. Based on an average daily volume of 27,236 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Artius II Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Sculptor Capital LP bought a new stake in shares of Artius II Acquisition during the 2nd quarter worth $14,168,000. Hudson Bay Capital Management LP purchased a new stake in Artius II Acquisition during the fourth quarter valued at about $5,665,000. Moore Capital Management LP bought a new stake in Artius II Acquisition during the second quarter worth about $5,060,000. Verition Fund Management LLC boosted its holdings in shares of Artius II Acquisition by 537.0% in the 4th quarter. Verition Fund Management LLC now owns 357,357 shares of the company’s stock worth $3,681,000 after purchasing an additional 301,259 shares in the last quarter. Finally, Radcliffe Capital Management L.P. purchased a new position in shares of Artius II Acquisition during the 2nd quarter valued at about $2,712,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Artius II Acquisition in a research note on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Artius II Acquisition Trading Up 0.4%

Shares of AACB opened at $10.57 on Friday. The stock has a 50-day moving average price of $10.52 and a 200-day moving average price of $10.43. Artius II Acquisition has a 12-month low of $10.10 and a 12-month high of $10.60.

Artius II Acquisition (NASDAQ:AACB) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.02 earnings per share for the quarter.

About Artius II Acquisition

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.