Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Down 69.2% in June

Colombier Acquisition Corp. II (NYSE:CLBR) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,534 shares, a decrease of 69.2% from the May 31st total of 11,460 shares. Based on an average daily trading volume, of 35,032 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC bought a new stake in shares of Colombier Acquisition Corp. II (NYSE:CLBR) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned about 0.06% of Colombier Acquisition Corp. II as of its most recent SEC filing. 4.80% of the stock is currently owned by institutional investors and hedge funds.

Colombier Acquisition Corp. II Trading Up 0.1%

Shares of CLBR traded up $0.01 on Friday, reaching $10.26. The company’s stock had a trading volume of 525 shares, compared to its average volume of 37,109. Colombier Acquisition Corp. II has a twelve month low of $10.01 and a twelve month high of $10.40. The firm has a fifty day moving average of $10.18 and a 200-day moving average of $13.90.

Wall Street Analyst Weigh In

CLBR has been the subject of a number of research reports. Wall Street Zen raised Colombier Acquisition Corp. II to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings started coverage on Colombier Acquisition Corp. II in a research report on Tuesday. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Colombier Acquisition Corp. II

Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.