Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) Short Interest Down 72.1% in June

Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,902 shares, a decrease of 72.1% from the May 31st total of 6,815 shares. Based on an average trading volume of 15,196 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Weiss Ratings assumed coverage on shares of Mountain Lake Acquisition Corp. II in a research report on Friday, June 12th. They set a “sell (e)” rating on the stock. Wall Street Zen raised shares of Mountain Lake Acquisition Corp. II to a “hold” rating in a research report on Sunday, April 26th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Mountain Lake Acquisition Corp. II has a consensus rating of “Sell”.

Mountain Lake Acquisition Corp. II Price Performance

Shares of NASDAQ:MLAA remained flat at $9.94 on Monday. The stock had a trading volume of 1,359 shares, compared to its average volume of 133,628. Mountain Lake Acquisition Corp. II has a twelve month low of $9.40 and a twelve month high of $11.20. The company’s 50-day moving average price is $9.98.