Short Interest in Artius II Acquisition Inc. (NASDAQ:AACB) Increases By 17.8%

Artius II Acquisition Inc. (NASDAQ:AACB) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,705 shares, an increase of 17.8% from the February 26th total of 3,146 shares. Based on an average trading volume of 13,441 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Artius II Acquisition in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On Artius II Acquisition

Several institutional investors and hedge funds have recently modified their holdings of the stock. ABC Arbitrage SA acquired a new position in shares of Artius II Acquisition in the fourth quarter valued at about $206,000. Clear Street LLC acquired a new stake in Artius II Acquisition in the 2nd quarter worth about $334,000. Clear Street Group Inc. bought a new stake in Artius II Acquisition in the 3rd quarter valued at about $387,000. Verition Fund Management LLC bought a new stake in Artius II Acquisition in the 3rd quarter valued at about $568,000. Finally, Wolverine Asset Management LLC grew its position in shares of Artius II Acquisition by 4.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 66,628 shares of the company’s stock worth $675,000 after purchasing an additional 3,070 shares in the last quarter.

Artius II Acquisition Stock Performance

AACB opened at $10.34 on Tuesday. The business’s 50-day simple moving average is $10.35 and its 200 day simple moving average is $10.28. Artius II Acquisition has a 52-week low of $9.85 and a 52-week high of $10.39.

Artius II Acquisition (NASDAQ:AACB) last posted its quarterly earnings results on Thursday, March 19th. The company reported $0.04 earnings per share (EPS) for the quarter.

About Artius II Acquisition

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.