Collective Acquisition Corp. II Units (NASDAQ:CAIIU – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,859 shares, a growth of 88.3% from the August 31st total of 1,518 shares. Based on an average trading volume of 302 shares, the days-to-cover ratio is presently 9.5 days.
Collective Acquisition Corp. II Units Price Performance
Shares of Collective Acquisition Corp. II Units stock opened at $10.10 on Tuesday. The firm’s fifty day simple moving average is $10.07. Collective Acquisition Corp. II Units has a 1 year low of $9.95 and a 1 year high of $10.10.
About Collective Acquisition Corp. II Units
Collective Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. The company does not currently operate as an established commercial business and has not publicly identified a specific target company.
Its securities are listed on Nasdaq under the symbol CAIIU as units. These units generally represent a combination of common stock and other securities, such as warrants, although the specific terms are defined in the company’s offering documents.
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