Artius II Acquisition Inc. (NASDAQ:AACB) Short Interest Update

Artius II Acquisition Inc. (NASDAQ:AACB) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,805 shares, a decline of 44.4% from the June 30th total of 3,244 shares. Based on an average trading volume of 19,756 shares, the short-interest ratio is currently 0.1 days.

Artius II Acquisition Price Performance

Shares of NASDAQ AACB opened at $10.53 on Friday. Artius II Acquisition has a 12-month low of $10.10 and a 12-month high of $10.59. The company has a 50-day moving average of $10.50 and a 200 day moving average of $10.41.

Artius II Acquisition (NASDAQ:AACB) last released its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Artius II Acquisition in a research note on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Artius II Acquisition presently has an average rating of “Sell”.

Hedge Funds Weigh In On Artius II Acquisition

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sculptor Capital LP purchased a new stake in Artius II Acquisition in the 2nd quarter valued at $14,168,000. Radcliffe Capital Management L.P. raised its holdings in shares of Artius II Acquisition by 2.6% during the 4th quarter. Radcliffe Capital Management L.P. now owns 667,119 shares of the company’s stock worth $6,871,000 after acquiring an additional 17,119 shares during the period. Hudson Bay Capital Management LP purchased a new position in shares of Artius II Acquisition during the 4th quarter worth $5,665,000. Moore Capital Management LP acquired a new position in shares of Artius II Acquisition during the 2nd quarter valued at about $5,060,000. Finally, Periscope Capital Inc. boosted its position in shares of Artius II Acquisition by 4.0% during the 4th quarter. Periscope Capital Inc. now owns 450,000 shares of the company’s stock valued at $4,635,000 after acquiring an additional 17,200 shares during the last quarter.

Artius II Acquisition Company Profile

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.