Short Interest in Alussa Energy Acquisition Corp. II (NYSE:ALUB) Grows By 554.9%

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 334 shares, an increase of 554.9% from the May 14th total of 51 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,539 shares, the short-interest ratio is currently 0.0 days.

Alussa Energy Acquisition Corp. II Price Performance

ALUB remained flat at $10.04 during mid-day trading on Thursday. 44,407 shares of the company’s stock were exchanged, compared to its average volume of 66,174. Alussa Energy Acquisition Corp. II has a 1-year low of $9.90 and a 1-year high of $10.10.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on shares of Alussa Energy Acquisition Corp. II in a report on Wednesday, April 29th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Alussa Energy Acquisition Corp. II has an average rating of “Sell”.

About Alussa Energy Acquisition Corp. II

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.