Artius II Acquisition Inc. (NASDAQ:AACB) Short Interest Down 61.0% in July

Artius II Acquisition Inc. (NASDAQ:AACB) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 704 shares, a drop of 61.0% from the July 15th total of 1,805 shares. Based on an average trading volume of 27,236 shares, the short-interest ratio is currently 0.0 days.

Artius II Acquisition Stock Up 0.1%

Artius II Acquisition stock opened at $10.58 on Friday. The stock’s 50 day moving average is $10.53 and its 200 day moving average is $10.43. Artius II Acquisition has a one year low of $10.10 and a one year high of $10.60.

Artius II Acquisition (NASDAQ:AACB) last released its earnings results on Wednesday, August 5th. The company reported $0.02 earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Artius II Acquisition in a research note on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Artius II Acquisition

Several large investors have recently modified their holdings of the company. Shaolin Capital Management LLC acquired a new stake in shares of Artius II Acquisition during the second quarter worth $1,518,000. Boothbay Fund Management LLC acquired a new position in Artius II Acquisition in the second quarter valued at $1,268,000. Moore Capital Management LP bought a new stake in Artius II Acquisition during the second quarter valued at $5,060,000. Radcliffe Capital Management L.P. bought a new stake in Artius II Acquisition during the second quarter valued at $2,712,000. Finally, Sculptor Capital LP acquired a new stake in Artius II Acquisition during the 2nd quarter worth about $14,168,000.

About Artius II Acquisition

Artius II Acquisition Corp. (NASDAQ: AACB) is a blank‐check company formed in June 2020 by Artius Capital Partners. The firm’s sole purpose is to identify and complete a business combination through mergers, capital stock exchanges, asset acquisitions or similar transactions. It completed its initial public offering on the Nasdaq and its units, common shares and warrants trade under the AACB symbol.

The company is sponsored by Artius Capital Partners, a private equity and corporate finance firm based in New York with additional offices in London.