Alussa Energy Acquisition Corp. II (NYSE:ALUB – Get Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 681 shares, a decrease of 65.2% from the April 15th total of 1,957 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 32,252 shares, the short-interest ratio is presently 0.0 days.
Alussa Energy Acquisition Corp. II Stock Performance
Shares of ALUB stock traded down $0.01 during trading hours on Friday, reaching $10.02. 72,136 shares of the stock were exchanged, compared to its average volume of 32,981. Alussa Energy Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.10.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on shares of Alussa Energy Acquisition Corp. II in a research note on Wednesday, April 29th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Alussa Energy Acquisition Corp. II currently has a consensus rating of “Sell”.
About Alussa Energy Acquisition Corp. II
Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
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