Columbus Circle Capital Corp II (NASDAQ:IPXGU – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 3 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Columbus Circle Capital Corp II Price Performance
Shares of IPXGU remained flat at $10.95 on Thursday. The stock has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $10.48. Columbus Circle Capital Corp II has a one year low of $9.94 and a one year high of $11.10.
About Columbus Circle Capital Corp II
Columbus Circle Capital Corp II is a blank check company, also known as a special purpose acquisition company (SPAC). The company was formed to pursue a business combination, such as a merger, acquisition, or other similar transaction, with one or more operating businesses.
The company has indicated that it intends to seek opportunities in the financial services sector, with a focus that may include asset management, wealth management, and related businesses. Like other SPACs, Columbus Circle Capital Corp II does not have significant operating activities or a portfolio of products and services of its own while it searches for a suitable acquisition target.
Columbus Circle Capital Corp II is incorporated in Delaware and its publicly traded units trade on the Nasdaq under the symbol CMIIU.
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