A SPAC II Acquisition Co. (NASDAQ:ASCBW) Short Interest Down 9.8% in August

A SPAC II Acquisition Co. (NASDAQ:ASCBWGet Rating) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 23,800 shares, a decline of 9.8% from the August 15th total of 26,400 shares. Based on an average daily volume of 21,300 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On A SPAC II Acquisition

An institutional investor recently bought a new position in A SPAC II Acquisition stock. Cubist Systematic Strategies LLC acquired a new stake in shares of A SPAC II Acquisition Co. (NASDAQ:ASCBWGet Rating) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 454,959 shares of the company’s stock, valued at approximately $38,000.

A SPAC II Acquisition Stock Performance

NASDAQ ASCBW opened at $0.06 on Wednesday. The company has a 50 day simple moving average of $0.08. A SPAC II Acquisition has a 12-month low of $0.06 and a 12-month high of $0.12.

A SPAC II Acquisition Company Profile

(Get Rating)

A SPAC II Acquisition Corp. 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 in North America, Europe, and Asia.

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