A SPAC II Acquisition Co. (NASDAQ:ASCBW) Short Interest Down 9.8% in August

A SPAC II Acquisition Co. (NASDAQ:ASCBWGet Rating) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 23,800 shares, a decrease of 9.8% from the August 15th total of 26,400 shares. Based on an average daily volume of 21,300 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On A SPAC II Acquisition

A hedge fund recently bought a new stake in A SPAC II Acquisition stock. Cubist Systematic Strategies LLC purchased a new stake in shares of A SPAC II Acquisition Co. (NASDAQ:ASCBWGet Rating) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 454,959 shares of the company’s stock, valued at approximately $38,000.

A SPAC II Acquisition Stock Performance

NASDAQ ASCBW opened at $0.06 on Wednesday. The stock’s 50 day moving average price is $0.08. A SPAC II Acquisition has a 1 year low of $0.06 and a 1 year high of $0.12.

About A SPAC II Acquisition

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A SPAC II Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue prospective targets that are in the industries that apply technologies, such as Proptech and Fintech in North America, Europe, and Asia.

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