Pelican Acquisition II Corporation (NASDAQ:PLCI) Short Interest Up 119,066.7% in August

Pelican Acquisition II Corporation (NASDAQ:PLCI) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 3,575 shares, an increase of 119,066.7% from the August 15th total of 3 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 22,157 shares, the short-interest ratio is currently 0.2 days.

Pelican Acquisition II Stock Performance

Shares of PLCI traded up $0.03 on Thursday, reaching $9.92. 1,428 shares of the stock traded hands, compared to its average volume of 32,867. Pelican Acquisition II has a 12 month low of $9.85 and a 12 month high of $10.44.

Pelican Acquisition II Company Profile

Pelican Acquisition II Corporation is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Pelican Acquisition II Corporation is based in NEW YORK.