Short Interest in Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) Grows By ∞

Crane Harbor Acquisition Corp. II (NASDAQ:CRANUGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 289 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 1,694 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Crane Harbor Acquisition Corp. II

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. PenderFund Capital Management Ltd. purchased a new stake in Crane Harbor Acquisition Corp. II in the 4th quarter worth approximately $50,000. Virtu Financial LLC bought a new position in shares of Crane Harbor Acquisition Corp. II in the fourth quarter worth $198,000. Quarry LP bought a new position in shares of Crane Harbor Acquisition Corp. II in the fourth quarter worth $201,000. Sandia Investment Management LP purchased a new stake in shares of Crane Harbor Acquisition Corp. II in the fourth quarter worth $201,000. Finally, HRT Financial LP purchased a new stake in shares of Crane Harbor Acquisition Corp. II in the fourth quarter worth $294,000.

Crane Harbor Acquisition Corp. II Price Performance

Shares of Crane Harbor Acquisition Corp. II stock opened at $10.36 on Monday. The company’s 50-day moving average price is $10.32 and its 200-day moving average price is $10.22. Crane Harbor Acquisition Corp. II has a 12-month low of $10.04 and a 12-month high of $11.23.

Crane Harbor Acquisition Corp. II Company Profile

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Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.

The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.

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