Artius II Acquisition Inc. (NASDAQ:AACB) Short Interest Update

Artius II Acquisition Inc. (NASDAQ:AACB) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 704 shares, a decline of 61.0% from the July 15th total of 1,805 shares. Based on an average trading volume of 27,236 shares, the days-to-cover ratio is presently 0.0 days.

Artius II Acquisition Stock Up 0.4%

AACB stock opened at $10.57 on Friday. The stock’s 50 day simple moving average is $10.52 and its 200 day simple moving average is $10.43. Artius II Acquisition has a fifty-two week low of $10.10 and a fifty-two week high of $10.60.

Artius II Acquisition (NASDAQ:AACB) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.02 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Artius II Acquisition in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AACB. Sculptor Capital LP bought a new position in Artius II Acquisition in the 2nd quarter valued at about $14,168,000. Radcliffe Capital Management L.P. grew its holdings in Artius II Acquisition by 2.6% during the fourth quarter. Radcliffe Capital Management L.P. now owns 667,119 shares of the company’s stock worth $6,871,000 after buying an additional 17,119 shares in the last quarter. Hudson Bay Capital Management LP purchased a new stake in Artius II Acquisition in the 4th quarter valued at $5,665,000. Moore Capital Management LP purchased a new position in Artius II Acquisition during the 2nd quarter worth $5,060,000. Finally, Periscope Capital Inc. grew its stake in shares of Artius II Acquisition by 4.0% in the 4th quarter. Periscope Capital Inc. now owns 450,000 shares of the company’s stock worth $4,635,000 after acquiring an additional 17,200 shares in the last quarter.

About Artius II Acquisition

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.