Mountain Lake Acquisition Corp. II (NASDAQ:MLAA – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,230 shares, a decline of 35.3% from the June 15th total of 1,902 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,310 shares, the short-interest ratio is presently 0.2 days.
Mountain Lake Acquisition Corp. II Price Performance
Shares of MLAA opened at $9.94 on Friday. Mountain Lake Acquisition Corp. II has a twelve month low of $9.40 and a twelve month high of $11.20. The business’s 50 day simple moving average is $9.96.
Wall Street Analysts Forecast Growth
MLAA has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Mountain Lake Acquisition Corp. II to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings started coverage on shares of Mountain Lake Acquisition Corp. II in a research report on Friday, June 12th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.
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