Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Short Interest Update

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 857 shares, an increase of 63.2% from the May 14th total of 525 shares. Based on an average daily trading volume, of 96,232 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of Art Technology Acquisition Corp. Class A Ordinary Shares in a research report on Tuesday, May 26th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Art Technology Acquisition Corp. Class A Ordinary Shares Price Performance

Shares of NASDAQ ARTC opened at $9.92 on Wednesday. The stock has a market cap of $259.16 million and a price-to-earnings ratio of 24.80. Art Technology Acquisition Corp. Class A Ordinary Shares has a one year low of $9.78 and a one year high of $9.94. The stock’s fifty day moving average is $9.88.