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

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 9,174 shares, a decrease of 91.6% from the June 30th total of 109,426 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 23,386 shares, the short-interest ratio is presently 0.4 days.

Art Technology Acquisition Corp. Class A Ordinary Shares Stock Down 0.1%

Shares of Art Technology Acquisition Corp. Class A Ordinary Shares stock traded down $0.01 on Friday, hitting $9.97. 20,286 shares of the company traded hands, compared to its average volume of 64,807. The firm has a market cap of $260.47 million and a PE ratio of 24.93. Art Technology Acquisition Corp. Class A Ordinary Shares has a 52 week low of $9.78 and a 52 week high of $9.99. The company’s 50-day moving average price is $9.94.

Analyst Upgrades and Downgrades

A number of research firms have commented on ARTC. Wall Street Zen raised Art Technology Acquisition Corp. Class A Ordinary Shares to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings initiated coverage on Art Technology Acquisition Corp. Class A Ordinary Shares in a research note on Tuesday, May 26th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, Art Technology Acquisition Corp. Class A Ordinary Shares has a consensus rating of “Sell”.