Colombier Acquisition Corp. II (NYSE:CLBR – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 7,785 shares, a growth of 306.7% from the August 15th total of 1,914 shares. Based on an average daily trading volume, of 14,566 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC purchased a new stake in Colombier Acquisition Corp. II (NYSE:CLBR – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned about 0.06% of Colombier Acquisition Corp. II as of its most recent filing with the Securities & Exchange Commission. 4.80% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings raised Colombier Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
Colombier Acquisition Corp. II Price Performance
Shares of NYSE CLBR opened at $10.25 on Friday. The business’s 50-day simple moving average is $10.27 and its 200-day simple moving average is $11.34. Colombier Acquisition Corp. II has a 52 week low of $10.01 and a 52 week high of $10.40.
About Colombier Acquisition Corp. II
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.
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