Columbus Circle Capital Corp II (NASDAQ:CMII) Sees Large Decline in Short Interest

Columbus Circle Capital Corp II (NASDAQ:CMII) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 6,013 shares, a decline of 62.3% from the July 15th total of 15,938 shares. Based on an average trading volume of 85,857 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Columbus Circle Capital Corp II Price Performance

CMII opened at $10.02 on Friday. The stock has a 50-day moving average of $10.04. Columbus Circle Capital Corp II has a 1 year low of $9.76 and a 1 year high of $10.22.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on shares of Columbus Circle Capital Corp II in a report on Friday, June 5th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Columbus Circle Capital Corp II currently has an average rating of “Sell”.

Columbus Circle Capital Corp II Company Profile

Columbus Circle Capital Corp II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.