Mountain Lake Acquisition Corp. II Units (NASDAQ:MLAAU – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 804 shares, a drop of 85.1% from the April 30th total of 5,382 shares. Based on an average daily volume of 1,849 shares, the days-to-cover ratio is currently 0.4 days.
Mountain Lake Acquisition Corp. II Units Trading Down 4.5%
MLAAU stock traded down $0.47 during mid-day trading on Thursday, reaching $9.93. 140 shares of the stock traded hands, compared to its average volume of 68,716. Mountain Lake Acquisition Corp. II Units has a 52-week low of $9.93 and a 52-week high of $11.12. The stock has a fifty day moving average of $10.15.
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