BOA Acquisition Corp. II (NASDAQ:THEO) Shares Shorted: Short Interest Up 361.4% in October

BOA Acquisition Corp. II (NASDAQ:THEO) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 1,292 shares, a growth of 361.4% from the October 15th total of 280 shares. Based on an average daily volume of 11,549 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several analysts have commented on THEO shares. Weiss Ratings began coverage on shares of BOA Acquisition Corp. II in a report on Monday. They set a “sell (e)” rating on the stock. Wall Street Zen upgraded shares of BOA Acquisition Corp. II to a “hold” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

BOA Acquisition Corp. II Stock Down 0.1%

THEO stock opened at $9.94 on Wednesday. The stock’s 50-day moving average price is $9.91. BOA Acquisition Corp. II has a fifty-two week low of $9.81 and a fifty-two week high of $10.03.

About BOA Acquisition Corp. II

BOA Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Unlike an operating business, the company does not appear to offer products or services directly to customers. Its primary activities include evaluating potential merger or acquisition targets, conducting due diligence, and negotiating a transaction intended to provide a private company with access to the public markets. The company may focus on a particular industry or geography as outlined in its public filings, but reliable details about a completed transaction or operating target are not available.