Spartacus Acquisition Corp. II (NASDAQ:TMTS) Shares Shorted: Short Interest Up 112.5% in October

Spartacus Acquisition Corp. II (NASDAQ:TMTS) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 901 shares, a growth of 112.5% from the September 30th total of 424 shares. Based on an average daily volume of 124,385 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of Spartacus Acquisition Corp. II in a research note on Thursday, August 13th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Spartacus Acquisition Corp. II Stock Down 0.1%

Shares of NASDAQ:TMTS traded down $0.01 during trading on Friday, reaching $10.02. 185 shares of the stock were exchanged, compared to its average volume of 132,521. Spartacus Acquisition Corp. II has a 1-year low of $9.90 and a 1-year high of $10.45. The stock has a fifty day moving average price of $10.04.

About Spartacus Acquisition Corp. II

Spartacus Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. Its potential transactions may include a merger, share exchange, asset acquisition, reorganization or similar corporate combination.

As a blank-check company, Spartacus Acquisition Corp. II does not operate a traditional commercial business and does not offer products or services of its own. Its activities are focused primarily on evaluating potential target companies and pursuing an appropriate transaction.

The company has not publicly identified a specific operating sector or geographic market for its acquisition strategy in the information available here.