Crane Harbor Acquisition Corp. II (NASDAQ:CRANU – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 37 shares, an increase of 362.5% from the September 30th total of 8 shares. Based on an average daily trading volume, of 27 shares, the days-to-cover ratio is currently 1.4 days.
Crane Harbor Acquisition Corp. II Stock Up 0.0%
Shares of NASDAQ:CRANU opened at $10.31 on Friday. The business’s 50-day moving average is $10.32 and its 200 day moving average is $10.24. Crane Harbor Acquisition Corp. II has a 1 year low of $10.04 and a 1 year high of $11.23.
Institutional Investors Weigh In On Crane Harbor Acquisition Corp. II
An institutional investor recently raised its position in Crane Harbor Acquisition Corp. II stock. Harraden Circle Investments LLC grew its stake in shares of Crane Harbor Acquisition Corp. II (NASDAQ:CRANU – Free Report) by 27.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,276,320 shares of the company’s stock after acquiring an additional 276,320 shares during the quarter. Harraden Circle Investments LLC’s holdings in Crane Harbor Acquisition Corp. II were worth $13,082,000 as of its most recent SEC filing.
Crane Harbor Acquisition Corp. II Company Profile
Crane Harbor Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating companies.
As a blank-check company, Crane Harbor Acquisition Corp. II does not currently operate a commercial business or offer products and services to customers. Its activities are focused on evaluating potential acquisition targets and completing an initial business combination within the timeframe established in its formation and offering documents.
The company’s units trade on the Nasdaq Capital Market under the symbol CRANU.
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