Colombier Acquisition Corp. II (NYSE:CLBR – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,241 shares, a decline of 94.5% from the April 15th total of 40,664 shares. Based on an average daily volume of 51,895 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On Colombier Acquisition Corp. II
An institutional investor recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC acquired a new stake in shares of Colombier Acquisition Corp. II (NYSE:CLBR – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned approximately 0.06% of Colombier Acquisition Corp. II at the end of the most recent quarter. 4.80% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a report on Saturday, April 4th.
Colombier Acquisition Corp. II Stock Performance
CLBR traded up $0.01 during trading on Wednesday, reaching $10.13. 259 shares of the company were exchanged, compared to its average volume of 52,176. Colombier Acquisition Corp. II has a 12-month low of $10.01 and a 12-month high of $10.16. The company’s 50-day moving average is $12.68 and its two-hundred day moving average is $15.44.
Colombier Acquisition Corp. II Company Profile
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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