Colombier Acquisition Corp. II (NYSE:CLBR – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,838 shares, a decrease of 48.0% from the June 15th total of 3,534 shares. Based on an average trading volume of 29,984 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
Colombier Acquisition Corp. II Stock Down 0.2%
Shares of CLBR stock traded down $0.02 on Wednesday, reaching $10.23. The stock had a trading volume of 2,007 shares, compared to its average volume of 36,722. Colombier Acquisition Corp. II has a 12 month low of $10.01 and a 12 month high of $10.40. The firm’s 50-day moving average is $10.24 and its two-hundred day moving average is $13.32.
Wall Street Analysts Forecast Growth
CLBR has been the topic of a number of research reports. Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings initiated coverage on shares of Colombier Acquisition Corp. II in a research note on Tuesday, June 23rd. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Institutional Trading of Colombier Acquisition Corp. II
A hedge fund recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC bought a new position in shares of Colombier Acquisition Corp. II (NYSE:CLBR – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned 0.06% of Colombier Acquisition Corp. II at the end of the most recent quarter. Institutional investors own 4.80% of the company’s stock.
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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