Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Up 496.3% in May

Colombier Acquisition Corp. II (NYSE:CLBRGet Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 11,460 shares, a growth of 496.3% from the May 14th total of 1,922 shares. Based on an average daily trading volume, of 16,726 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Colombier Acquisition Corp. II Stock Performance

CLBR traded up $0.01 during midday trading on Wednesday, hitting $10.28. 1,196 shares of the company traded hands, compared to its average volume of 43,366. Colombier Acquisition Corp. II has a 52-week low of $10.01 and a 52-week high of $10.40. The business has a 50 day simple moving average of $10.12 and a two-hundred day simple moving average of $14.49.

Hedge Funds Weigh In On Colombier Acquisition Corp. II

An institutional investor recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC acquired a new stake in shares of Colombier Acquisition Corp. II (NYSE:CLBRFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned approximately 0.06% of Colombier Acquisition Corp. II as of its most recent SEC filing. Institutional investors and hedge funds own 4.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a report on Saturday, April 4th.

Check Out Our Latest Research Report on Colombier Acquisition Corp. II

Colombier Acquisition Corp. II Company Profile

(Get Free Report)

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.

Further Reading

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