Altimeter Growth Corp. 2 (NYSE:AGCB) Short Interest Update

Altimeter Growth Corp. 2 (NYSE:AGCB) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 45,400 shares, a growth of 168.6% from the September 15th total of 16,900 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 109,900 shares, the short-interest ratio is currently 0.4 days.

Shares of NYSE:AGCB traded up $0.03 during trading on Thursday, reaching $9.93. 900 shares of the company traded hands, compared to its average volume of 81,696. The firm has a fifty day simple moving average of $9.88 and a 200 day simple moving average of $10.22. Altimeter Growth Corp. 2 has a 1-year low of $9.76 and a 1-year high of $15.21.

Hedge funds and other institutional investors have recently modified their holdings of the business. Massachusetts Financial Services Co. MA acquired a new position in Altimeter Growth Corp. 2 in the 1st quarter worth about $26,292,000. Baupost Group LLC MA purchased a new stake in shares of Altimeter Growth Corp. 2 during the 1st quarter worth about $25,950,000. Clearlake Capital Group L.P. purchased a new stake in shares of Altimeter Growth Corp. 2 during the 1st quarter worth about $25,950,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Altimeter Growth Corp. 2 during the 1st quarter worth about $18,713,000. Finally, Holocene Advisors LP purchased a new stake in shares of Altimeter Growth Corp. 2 during the 1st quarter worth about $17,513,000. Hedge funds and other institutional investors own 80.61% of the company’s stock.

About Altimeter Growth Corp. 2

Altimeter Growth Corp. 2 does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Altimeter Growth Corp. 2 was incorporated in 2020 and is based in Menlo Park, California.

Featured Story: What is the S&P/ASX 200 Index?

Receive News & Ratings for Altimeter Growth Corp. 2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altimeter Growth Corp. 2 and related companies with MarketBeat.com's FREE daily email newsletter.