BOA Acquisition Corp. II (NASDAQ:THEOU) Short Interest Down 99.5% in August

BOA Acquisition Corp. II (NASDAQ:THEOU) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,603 shares, a decline of 99.5% from the August 15th total of 315,821 shares. Based on an average trading volume of 32,484 shares, the days-to-cover ratio is presently 0.0 days.

BOA Acquisition Corp. II Stock Up 0.5%

Shares of BOA Acquisition Corp. II stock traded up $0.05 on Thursday, hitting $10.25. The stock had a trading volume of 13 shares, compared to its average volume of 112,517. BOA Acquisition Corp. II has a twelve month low of $10.07 and a twelve month high of $10.25.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded BOA Acquisition Corp. II to a “hold” rating in a research note on Saturday, August 15th.

About BOA Acquisition Corp. II

BOA Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, acquisition, stock purchase, reorganization or similar corporate combination.

As a SPAC, BOA Acquisition Corp. II does not have an established operating business, product portfolio or defined geographic market. Its activities are primarily focused on evaluating potential target companies and pursuing an initial business combination.

Publicly available information about the company’s target industry, geographic focus and leadership is limited.