Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) Short Interest Update

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

Archimedes Tech SPAC Partners II Price Performance

Shares of ATIIU stock traded down $0.16 on Tuesday, reaching $12.03. The company had a trading volume of 3,060 shares, compared to its average volume of 7,792. The stock’s 50-day simple moving average is $11.51. Archimedes Tech SPAC Partners II has a 12 month low of $10.16 and a 12 month high of $50.99.

Institutional Trading of Archimedes Tech SPAC Partners II

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

About Archimedes Tech SPAC Partners II

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.