Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Up 306.7% in August

Colombier Acquisition Corp. II (NYSE:CLBR) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,785 shares, an increase of 306.7% from the August 15th total of 1,914 shares. Based on an average daily trading volume, of 14,566 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Colombier Acquisition Corp. II Trading Up 0.3%

Shares of NYSE:CLBR traded up $0.03 during trading on Friday, hitting $10.25. The stock had a trading volume of 1,120,682 shares, compared to its average volume of 39,744. Colombier Acquisition Corp. II has a 12-month low of $10.01 and a 12-month high of $10.40. The stock has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $11.34.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Colombier Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On Colombier Acquisition Corp. II

An institutional investor recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC acquired a new position in Colombier Acquisition Corp. II (NYSE:CLBR) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned 0.06% of Colombier Acquisition Corp. II at the end of the most recent reporting period. 4.80% of the stock is owned by hedge funds and other institutional investors.

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.