Short Interest in Colombier Acquisition Corp. II (NYSE:CLBR) Drops By 69.2%

Colombier Acquisition Corp. II (NYSE:CLBR – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 3,534 shares, a decline of 69.2% from the May 31st total of 11,460 shares. Based on an average daily volume of 35,032 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of 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 – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund 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 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 4.80% of the company’s stock.

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Colombier Acquisition Corp. II Trading Down 0.3%

CLBR traded down $0.03 during trading hours on Tuesday, hitting $10.32. The company’s stock had a trading volume of 11,086 shares, compared to its average volume of 36,925. The business’s 50-day moving average price is $10.19 and its 200-day moving average price is $13.83. Colombier Acquisition Corp. II has a 12 month low of $10.01 and a 12 month high of $10.40.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Colombier Acquisition Corp. II to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings began coverage on Colombier Acquisition Corp. II in a research note on Tuesday, June 23rd. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Analysis on Colombier Acquisition Corp. II

About Colombier Acquisition Corp. II

(Get Free Report)

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.

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