Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,500 shares, a growth of 3,400.0% from the October 15th total of 100 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the shares of the company are sold short.
Atlantic Coastal Acquisition Corp. II Price Performance
Shares of NASDAQ ACAB traded down $0.08 during mid-day trading on Tuesday, hitting $10.82. 2,538 shares of the company were exchanged, compared to its average volume of 7,976. The stock has a 50 day simple moving average of $11.17 and a 200-day simple moving average of $11.17. Atlantic Coastal Acquisition Corp. II has a 1-year low of $9.58 and a 1-year high of $13.00.
About Atlantic Coastal Acquisition Corp. II
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