Alussa Energy Acquisition Corp. II (NYSE:ALUB) Sees Large Increase in Short Interest

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 334 shares, a growth of 554.9% from the May 14th total of 51 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,539 shares, the short-interest ratio is currently 0.0 days.

Alussa Energy Acquisition Corp. II Stock Up 0.0%

Shares of NYSE:ALUB traded up $0.00 during trading on Wednesday, reaching $10.04. The company’s stock had a trading volume of 3,118 shares, compared to its average volume of 66,464. Alussa Energy Acquisition Corp. II has a 12 month low of $9.90 and a 12 month high of $10.10.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on shares of Alussa Energy Acquisition Corp. II in a report on Wednesday, April 29th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

About Alussa Energy Acquisition Corp. II

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.