Bluerock Acquisition Corp. II (NASDAQ:BRRKU – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 476 shares. Based on an average daily trading volume, of 375,375 shares, the short-interest ratio is currently 0.0 days.
Bluerock Acquisition Corp. II Price Performance
Shares of Bluerock Acquisition Corp. II stock remained flat at $9.98 during trading hours on Wednesday. The company’s stock had a trading volume of 2,780 shares, compared to its average volume of 109,990. Bluerock Acquisition Corp. II has a 1-year low of $9.97 and a 1-year high of $10.10.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Bluerock Acquisition Corp. II to a “hold” rating in a report on Saturday, October 3rd.
About Bluerock Acquisition Corp. II
Bluerock Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a business combination with one or more private companies. Its securities trade under the Nasdaq symbol BRRKU as units, which typically consist of shares of common stock and warrants.
Unlike an operating company, Bluerock Acquisition Corp. II does not have an established portfolio of products or services. Its principal business activity is identifying a suitable merger, acquisition, or similar transaction that would allow a private company to become publicly traded.
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