Alussa Energy Acquisition Corp. II (NYSE:ALUB – Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 681 shares, a decline of 65.2% from the April 15th total of 1,957 shares. Based on an average daily volume of 32,252 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Alussa Energy Acquisition Corp. II Price Performance
ALUB remained flat at $10.02 during trading on Thursday. 68,205 shares of the company’s stock were exchanged, compared to its average volume of 29,570. Alussa Energy Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.10.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on shares of Alussa Energy Acquisition Corp. II in a research report on Wednesday, April 29th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
Alussa Energy Acquisition Corp. II Company Profile
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.
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