A SPAC II Acquisition Co. (NASDAQ:ASCB) Sees Significant Decrease in Short Interest

A SPAC II Acquisition Co. (NASDAQ:ASCB – Get Rating) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 3,400 shares, a decline of 5.6% from the February 13th total of 3,600 shares. Based on an average daily volume of 107,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

A SPAC II Acquisition Stock Up 0.1 %

NASDAQ:ASCB opened at $10.36 on Thursday. The stock has a 50-day simple moving average of $10.29 and a 200-day simple moving average of $10.14. A SPAC II Acquisition has a 1 year low of $9.81 and a 1 year high of $10.48.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in shares of A SPAC II Acquisition during the 4th quarter worth about $131,000. Virtu Financial LLC acquired a new position in shares of A SPAC II Acquisition during the 3rd quarter worth about $189,000. Tuttle Capital Management LLC acquired a new position in shares of A SPAC II Acquisition during the 3rd quarter worth about $256,000. Ergoteles LLC purchased a new stake in shares of A SPAC II Acquisition in the 3rd quarter valued at about $299,000. Finally, Exos TFP Holdings LLC purchased a new stake in shares of A SPAC II Acquisition in the 3rd quarter valued at about $315,000. 89.37% of the stock is owned by institutional investors and hedge funds.

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.