Alussa Energy Acquisition Corp. II (NYSE:ALUB) Short Interest Update

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 51 shares, a decrease of 92.5% from the April 30th total of 681 shares. Based on an average daily volume of 34,271 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Alussa Energy Acquisition Corp. II in a research report on Wednesday, April 29th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Alussa Energy Acquisition Corp. II Price Performance

NYSE ALUB remained flat at $10.01 during trading hours on Wednesday. 15,470 shares of the company traded hands, compared to its average volume of 71,976. Alussa Energy Acquisition Corp. II has a one year low of $9.90 and a one year high of $10.10.

About Alussa Energy Acquisition Corp. II

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.