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

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTCGet Free Report) saw a large 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 company’s shares are sold short. Based on an average daily trading volume, of 71,242 shares, the days-to-cover ratio is currently 0.0 days.

Art Technology Acquisition Corp. Class A Ordinary Shares Price Performance

Shares of NASDAQ:ARTC opened at $9.92 on Friday. Art Technology Acquisition Corp. Class A Ordinary Shares has a 1 year low of $9.78 and a 1 year high of $9.92. The stock has a market cap of $259.16 million and a PE 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 report on Tuesday. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Art Technology Acquisition Corp. Class A Ordinary Shares has an average rating of “Sell”.

Read Our Latest Stock Report on ARTC

Featured Articles

Receive News & Ratings for Art Technology Acquisition Corp. Class A Ordinary Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Art Technology Acquisition Corp. Class A Ordinary Shares and related companies with MarketBeat.com's FREE daily email newsletter.