Short Interest in Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Declines By 71.7%

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTCGet Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 525 shares, a decline of 71.7% from the April 30th total of 1,856 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 71,242 shares, the short-interest ratio is presently 0.0 days.

Art Technology Acquisition Corp. Class A Ordinary Shares Price Performance

Shares of ARTC opened at $9.92 on Friday. Art Technology Acquisition Corp. Class A Ordinary Shares has a one year low of $9.78 and a one year high of $9.92. The company has a market cap of $259.16 million and a price-to-earnings ratio of 24.80.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on Art Technology Acquisition Corp. Class A Ordinary Shares in a research note on Tuesday. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Art Technology Acquisition Corp. Class A Ordinary Shares currently has an average rating of “Sell”.

Get Our Latest Stock Report on Art Technology Acquisition Corp. Class A Ordinary Shares

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