Bluerock Acquisition Corp. II (NASDAQ:BRRKU) Sees Significant Growth in Short Interest

Bluerock Acquisition Corp. II (NASDAQ:BRRKU) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 476 shares. Based on an average daily trading volume, of 375,375 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Bluerock Acquisition Corp. II to a “hold” rating in a research report on Saturday, October 3rd.

Bluerock Acquisition Corp. II Price Performance

NASDAQ:BRRKU remained flat at $9.98 on Friday. 2,780 shares of the company’s stock were exchanged, compared to its average volume of 109,990. Bluerock Acquisition Corp. II has a one year low of $9.97 and a one year high of $10.10.

Bluerock Acquisition Corp. II Company Profile

Bluerock Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a business combination with one or more private companies. Its securities trade under the Nasdaq symbol BRRKU as units, which typically consist of shares of common stock and warrants.

Unlike an operating company, Bluerock Acquisition Corp. II does not have an established portfolio of products or services. Its principal business activity is identifying a suitable merger, acquisition, or similar transaction that would allow a private company to become publicly traded.