Artius II Acquisition (NASDAQ:AACB) Earns “Sell (E)” Rating from Weiss Ratings

Artius II Acquisition (NASDAQ:AACB)‘s stock had its “sell (e)” rating reiterated by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Artius II Acquisition Stock Up 0.1%

Shares of NASDAQ:AACB opened at $10.15 on Wednesday. The company has a 50 day moving average of $10.14. Artius II Acquisition has a one year low of $9.85 and a one year high of $10.18.

Hedge Funds Weigh In On Artius II Acquisition

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Clear Street LLC bought a new position in Artius II Acquisition in the 2nd quarter valued at approximately $334,000. DLD Asset Management LP bought a new position in Artius II Acquisition in the 2nd quarter valued at approximately $414,000. Wolverine Asset Management LLC bought a new position in Artius II Acquisition in the 2nd quarter valued at approximately $643,000. Boothbay Fund Management LLC bought a new position in shares of Artius II Acquisition during the second quarter valued at $1,268,000. Finally, Shaolin Capital Management LLC bought a new position in shares of Artius II Acquisition during the second quarter valued at $1,518,000.

Artius II Acquisition Company Profile

We are a newly incorporated Cayman Island exempted company structured as a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.