Short Interest in Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) Grows By ∞

Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIUGet Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 65 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 137 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Archimedes Tech SPAC Partners II stock. Clear Street Group Inc. increased its stake in Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIUFree Report) by 97.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,658 shares of the company’s stock after buying an additional 36,892 shares during the period. Clear Street Group Inc.’s holdings in Archimedes Tech SPAC Partners II were worth $784,000 as of its most recent SEC filing.

Archimedes Tech SPAC Partners II Trading Down 3.2%

NASDAQ:ATIIU traded down $0.40 during mid-day trading on Wednesday, hitting $12.05. 903 shares of the stock traded hands, compared to its average volume of 7,426. Archimedes Tech SPAC Partners II has a 52 week low of $10.16 and a 52 week high of $50.99. The stock has a 50 day moving average price of $11.51.

About Archimedes Tech SPAC Partners II

(Get Free Report)

Archimedes Tech SPAC Partners II (NASDAQ: ATIIU) is a special purpose acquisition company (SPAC) that trades publicly on the Nasdaq. As a blank‑check vehicle, its principal purpose is to raise capital through a public offering and to use the proceeds to complete a business combination, such as a merger, share exchange, asset acquisition or other similar transaction that brings a private operating company public.

Consistent with its name, the SPAC is oriented toward identifying opportunities in technology and technology‑enabled sectors, offering an alternative route to the public markets for private companies in those areas.

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