Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Down 94.5% in April

Colombier Acquisition Corp. II (NYSE:CLBR) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,241 shares, a drop of 94.5% from the April 15th total of 40,664 shares. Based on an average trading volume of 51,895 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Colombier Acquisition Corp. II

A hedge fund recently bought a new stake in Colombier Acquisition Corp. II stock. Jane Street Group LLC purchased a new stake in shares of Colombier Acquisition Corp. II (NYSE:CLBR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 4.80% of the company’s stock.

Colombier Acquisition Corp. II Trading Up 0.3%

NYSE CLBR traded up $0.03 during trading on Monday, reaching $10.13. 17,256 shares of the company’s stock were exchanged, compared to its average volume of 55,726. Colombier Acquisition Corp. II has a fifty-two week low of $10.01 and a fifty-two week high of $10.16. The company’s fifty day simple moving average is $12.81 and its 200-day simple moving average is $15.48.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Colombier Acquisition Corp. II to a “hold” rating in a research report on Saturday, April 4th.

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.