Bluerock Acquisition Corp. II (NASDAQ:BRRKU) Shares Shorted: Short Interest Down 55.5% in October

Bluerock Acquisition Corp. II (NASDAQ:BRRKU) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 212 shares, a drop of 55.5% from the September 30th total of 476 shares. Based on an average trading volume of 64,177 shares, the short-interest ratio is presently 0.0 days.

Bluerock Acquisition Corp. II Price Performance

Shares of NASDAQ BRRKU remained flat at $9.96 on Friday. Bluerock Acquisition Corp. II has a 1 year low of $9.94 and a 1 year high of $10.10.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Bluerock Acquisition Corp. II to a “hold” rating in a report on Saturday, October 3rd.

About Bluerock Acquisition Corp. II

Bluerock Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar combination.

As a blank-check company, Bluerock Acquisition Corp. II does not operate a commercial business or offer products and services of its own. Instead, it raises capital through a public offering and seeks a suitable private company to bring into the public markets, subject to shareholder approval and other customary conditions.

The company is incorporated in Delaware and is listed on Nasdaq under the symbol BRRKU for its units.