Mountain Lake Acquisition Corp. II Units (NASDAQ:MLAAU) Sees Large Decline in Short Interest

Mountain Lake Acquisition Corp. II Units (NASDAQ:MLAAUGet Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 804 shares, a decline of 85.1% from the April 30th total of 5,382 shares. Based on an average trading volume of 1,849 shares, the short-interest ratio is presently 0.4 days.

Mountain Lake Acquisition Corp. II Units Stock Up 2.7%

Shares of NASDAQ:MLAAU traded up $0.27 during trading on Friday, hitting $10.38. The company’s stock had a trading volume of 1,600 shares, compared to its average volume of 66,831. The firm’s 50 day simple moving average is $10.17. Mountain Lake Acquisition Corp. II Units has a fifty-two week low of $9.93 and a fifty-two week high of $11.12.

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