Short Interest in Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Declines By 71.7%

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTCGet Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 525 shares, a decrease of 71.7% from the April 30th total of 1,856 shares. Based on an average daily volume of 71,242 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Art Technology Acquisition Corp. Class A Ordinary Shares Price Performance

Shares of ARTC stock opened at $9.92 on Friday. The company has a market capitalization of $259.16 million and a P/E ratio of 24.80. Art Technology Acquisition Corp. Class A Ordinary Shares has a 1 year low of $9.78 and a 1 year high of $9.92.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Art Technology Acquisition Corp. Class A Ordinary Shares in a research report on Tuesday. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Report on ARTC

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