Short Interest in Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB) Increases By 3,400.0%

Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,500 shares, an increase of 3,400.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are short sold.

Atlantic Coastal Acquisition Corp. II Trading Down 47.1 %

Shares of ACAB opened at $5.77 on Thursday. Atlantic Coastal Acquisition Corp. II has a 52 week low of $5.75 and a 52 week high of $13.00. The stock has a 50 day moving average of $11.07 and a 200-day moving average of $11.14.

Atlantic Coastal Acquisition Corp. II Company Profile

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in financial services industry and mobility sector.