Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Short Interest Up 105.6% in June

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,762 shares, an increase of 105.6% from the May 31st total of 857 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 34,518 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Art Technology Acquisition Corp. Class A Ordinary Shares in a report on Tuesday, May 26th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Art Technology Acquisition Corp. Class A Ordinary Shares Stock Performance

ARTC stock opened at $9.95 on Thursday. The company has a market capitalization of $259.94 million and a price-to-earnings ratio of 24.87. The firm has a 50 day simple moving average of $9.90. Art Technology Acquisition Corp. Class A Ordinary Shares has a 12-month low of $9.78 and a 12-month high of $9.95.