Spartacus Acquisition Corp. II (NASDAQ:TMTS – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 6,763 shares, an increase of 650.6% from the October 15th total of 901 shares. Based on an average daily volume of 271,082 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings assumed coverage on Spartacus Acquisition Corp. II in a research report on Thursday, August 13th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on TMTS
Spartacus Acquisition Corp. II Stock Down 0.1%
NASDAQ TMTS opened at $10.02 on Wednesday. The stock has a 50 day moving average of $10.03. Spartacus Acquisition Corp. II has a 52-week low of $9.90 and a 52-week high of $10.45.
About Spartacus Acquisition Corp. II
Spartacus Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. Its potential transactions may include a merger, share exchange, asset acquisition, reorganization or similar corporate combination. As a blank-check company, Spartacus Acquisition Corp. II does not operate a traditional commercial business and does not offer products or services of its own. Its activities are focused primarily on evaluating potential target companies and pursuing an appropriate transaction.
See Also
- Five stocks we like better than Spartacus Acquisition Corp. II
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Spartacus Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spartacus Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
