Alussa Energy Acquisition Corp. II (NYSE:ALUB) Short Interest Update

Alussa Energy Acquisition Corp. II (NYSE:ALUBGet Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 51 shares, a decline of 92.5% from the April 30th total of 681 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 34,271 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on shares of Alussa Energy Acquisition Corp. II in a research report on Wednesday, April 29th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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Alussa Energy Acquisition Corp. II Price Performance

Shares of ALUB remained flat at $10.01 during mid-day trading on Wednesday. 15,470 shares of the company traded hands, compared to its average volume of 71,976. Alussa Energy Acquisition Corp. II has a 52-week low of $9.90 and a 52-week high of $10.10.

About Alussa Energy Acquisition Corp. II

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Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Further Reading

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