Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB) Short Interest Update

Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,500 shares, a growth of 3,400.0% from the October 15th total of 100 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is presently 0.4 days.

Atlantic Coastal Acquisition Corp. II Stock Performance

Shares of NASDAQ:ACAB opened at $5.77 on Wednesday. Atlantic Coastal Acquisition Corp. II has a 52-week low of $5.75 and a 52-week high of $13.00. The business has a fifty day moving average of $11.17 and a two-hundred day moving average of $11.17.

About Atlantic Coastal Acquisition Corp. II

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in financial services industry and mobility sector.