Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) Short Interest Update

Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,641 shares, an increase of 150.1% from the June 30th total of 1,456 shares. Based on an average daily volume of 121,072 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Crane Harbor Acquisition Corp. II Price Performance

CRAN opened at $10.15 on Tuesday. The business has a 50 day moving average price of $10.11. Crane Harbor Acquisition Corp. II has a 1-year low of $9.88 and a 1-year high of $10.21.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Crane Harbor Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Crane Harbor Acquisition Corp. II

Crane Harbor Acquisition Corp. II (NASDAQ: CRAN) is a publicly traded special purpose acquisition company (SPAC), commonly known as a blank-check company. Like other SPACs, its primary business activity is to raise capital through an initial public offering with the goal of identifying and completing a business combination, merger, acquisition or other similar transaction that will result in an operating company becoming publicly listed. The company’s ordinary course involves maintaining proceeds in trust while pursuing potential targets and negotiating transaction terms.

As a SPAC, Crane Harbor Acquisition Corp.