Columbus Circle Capital Corp II (NASDAQ:CMII) Sees Large Decline in Short Interest

Columbus Circle Capital Corp II (NASDAQ:CMII) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 6,013 shares, a decrease of 62.3% from the July 15th total of 15,938 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 85,857 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on Columbus Circle Capital Corp II in a report on Friday, June 5th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Columbus Circle Capital Corp II presently has a consensus rating of “Sell”.

Columbus Circle Capital Corp II Price Performance

NASDAQ:CMII remained flat at $10.02 during trading hours on Friday. 8,429 shares of the company’s stock traded hands, compared to its average volume of 115,084. Columbus Circle Capital Corp II has a 1 year low of $9.76 and a 1 year high of $10.22. The stock has a 50 day moving average price of $10.05.

Columbus Circle Capital Corp II Company Profile

Columbus Circle Capital Corp II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.