Colombier Acquisition Corp. (NYSE:CLBR) Short Interest Update

Colombier Acquisition Corp. (NYSE:CLBRGet Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,200 shares, a drop of 26.7% from the March 31st total of 3,000 shares. Based on an average trading volume of 35,200 shares, the days-to-cover ratio is currently 0.1 days.

Shares of CLBR traded up $0.01 during mid-day trading on Monday, reaching $9.73. The company had a trading volume of 100 shares, compared to its average volume of 36,085. The company’s 50-day moving average is $9.69 and its 200-day moving average is $9.67. Colombier Acquisition has a twelve month low of $9.55 and a twelve month high of $9.78.

Institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC bought a new position in Colombier Acquisition during the 3rd quarter worth approximately $11,993,000. Cubist Systematic Strategies LLC acquired a new position in shares of Colombier Acquisition in the 4th quarter valued at $8,148,000. Marshall Wace LLP acquired a new position in shares of Colombier Acquisition in the 3rd quarter valued at $7,085,000. D. E. Shaw & Co. Inc. increased its position in shares of Colombier Acquisition by 186.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 950,810 shares of the company’s stock valued at $9,166,000 after buying an additional 619,397 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new stake in Colombier Acquisition during the 3rd quarter worth $915,000. Hedge funds and other institutional investors own 59.32% of the company’s stock.

About Colombier Acquisition (Get Rating)

Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.

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