Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) Short Interest Down 44.1% in May

Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 6,815 shares, a drop of 44.1% from the May 14th total of 12,199 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 407,611 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Mountain Lake Acquisition Corp. II to a “hold” rating in a research report on Sunday, April 26th.

Mountain Lake Acquisition Corp. II Stock Up 0.1%

MLAA stock traded up $0.01 during midday trading on Friday, reaching $9.94. The stock had a trading volume of 2,104 shares, compared to its average volume of 155,257. The business’s fifty day moving average price is $9.97. Mountain Lake Acquisition Corp. II has a twelve month low of $9.40 and a twelve month high of $11.20.