Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Down 48.0% in June

Colombier Acquisition Corp. II (NYSE:CLBR) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,838 shares, a decline of 48.0% from the June 15th total of 3,534 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 29,984 shares, the days-to-cover ratio is presently 0.1 days.

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 bought a new position in Colombier Acquisition Corp. II (NYSE:CLBR) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 quarter. Hedge funds and other institutional investors own 4.80% of the company’s stock.

Colombier Acquisition Corp. II Stock Performance

CLBR traded down $0.02 during trading on Wednesday, reaching $10.23. The company had a trading volume of 2,007 shares, compared to its average volume of 36,722. Colombier Acquisition Corp. II has a 12 month low of $10.01 and a 12 month high of $10.40. The business’s fifty day moving average price is $10.24 and its 200 day moving average price is $13.32.

Analyst Ratings Changes

CLBR has been the subject of a number of analyst reports. Weiss Ratings assumed coverage on shares of Colombier Acquisition Corp. II in a report on Tuesday, June 23rd. They set a “sell (e)” rating for the company. Wall Street Zen raised Colombier Acquisition Corp. II to a “hold” rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Colombier Acquisition Corp. II Company Profile

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.