A SPAC II Acquisition Corp. (NASDAQ:ASCB) Short Interest Down 86.0% in June

A SPAC II Acquisition Corp. (NASDAQ:ASCB) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 600 shares, a decrease of 86.0% from the May 31st total of 4,300 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of A SPAC II Acquisition

Several hedge funds have recently modified their holdings of ASCB. Walleye Capital LLC bought a new stake in A SPAC II Acquisition during the 3rd quarter worth approximately $1,943,000. Walleye Trading LLC acquired a new position in A SPAC II Acquisition in the third quarter worth $1,060,000. Cable Car Capital LLC bought a new stake in shares of A SPAC II Acquisition during the fourth quarter worth $272,000. Virtu Financial LLC acquired a new stake in shares of A SPAC II Acquisition in the fourth quarter valued at $827,000. Finally, Berkley W R Corp lifted its position in A SPAC II Acquisition by 69.9% during the 1st quarter. Berkley W R Corp now owns 203,937 shares of the company’s stock worth $2,417,000 after buying an additional 83,931 shares in the last quarter. Institutional investors and hedge funds own 95.62% of the company’s stock.

A SPAC II Acquisition Trading Down 0.2 %

ASCB stock traded down $0.02 during trading on Friday, hitting $11.20. 55,316 shares of the stock traded hands, compared to its average volume of 1,029. A SPAC II Acquisition has a one year low of $10.48 and a one year high of $12.02. The company has a 50 day simple moving average of $11.15 and a 200 day simple moving average of $11.11.

About A SPAC II Acquisition

A SPAC II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue prospective targets that are in the industries that apply technologies, such as Proptech and Fintech primarily in North America, Europe, and Asia.