Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Short Interest Update

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,762 shares, an increase of 105.6% from the May 31st total of 857 shares. Based on an average daily trading volume, of 34,518 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of Art Technology Acquisition Corp. Class A Ordinary Shares in a research note on Tuesday, May 26th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Art Technology Acquisition Corp. Class A Ordinary Shares Trading Up 0.1%

NASDAQ:ARTC traded up $0.01 during mid-day trading on Tuesday, hitting $9.92. The company’s stock had a trading volume of 3,408 shares, compared to its average volume of 73,504. Art Technology Acquisition Corp. Class A Ordinary Shares has a 1 year low of $9.78 and a 1 year high of $9.94. The company has a market capitalization of $259.16 million and a PE ratio of 24.80. The business’s fifty day moving average price is $9.89.