Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Down 94.5% in April

Colombier Acquisition Corp. II (NYSE:CLBR) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,241 shares, a decline of 94.5% from the April 15th total of 40,664 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 51,895 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Colombier Acquisition Corp. II to a “hold” rating in a report on Saturday, April 4th.

Colombier Acquisition Corp. II Stock Up 0.3%

CLBR traded up $0.03 on Monday, hitting $10.13. The company had a trading volume of 17,256 shares, compared to its average volume of 55,726. The company’s fifty day moving average price is $12.81 and its 200 day moving average price is $15.48. Colombier Acquisition Corp. II has a 1-year low of $10.01 and a 1-year high of $10.16.

Institutional Investors Weigh In On Colombier Acquisition Corp. II

An institutional investor recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC bought a new position in Colombier Acquisition Corp. II (NYSE:CLBR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned about 0.06% of Colombier Acquisition Corp. II as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.80% of the company’s stock.

Colombier Acquisition Corp. II Company Profile

Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.