Short Interest in Pelican Acquisition II Corporation (NASDAQ:PLCI) Rises By 119,066.7%

Pelican Acquisition II Corporation (NASDAQ:PLCI) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,575 shares, an increase of 119,066.7% from the August 15th total of 3 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 22,157 shares, the short-interest ratio is currently 0.2 days.

Pelican Acquisition II Stock Performance

NASDAQ:PLCI traded up $0.03 during mid-day trading on Thursday, reaching $9.92. The stock had a trading volume of 1,428 shares, compared to its average volume of 32,867. Pelican Acquisition II has a fifty-two week low of $9.85 and a fifty-two week high of $10.44.

About Pelican Acquisition II

Pelican Acquisition II Corporation is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Pelican Acquisition II Corporation is based in NEW YORK.