Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) Stock Short Interest Climbs 398.9%

Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 4,530 shares, a growth of 398.9% from the September 30th total of 908 shares. Based on an average trading volume of 6,579 shares, the short-interest ratio is presently 0.7 days.

Archimedes Tech SPAC Partners II Stock Performance

Shares of NASDAQ ATIIU remained flat at $8.20 during trading hours on Thursday. The stock’s 50 day moving average price is $10.90 and its 200-day moving average price is $11.27. Archimedes Tech SPAC Partners II has a 12 month low of $8.20 and a 12 month high of $50.99.

About Archimedes Tech SPAC Partners II

Archimedes Tech SPAC Partners II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. The company does not have its own commercial products or operating services; its activities are focused on evaluating potential merger, acquisition, or similar transactions.

The company has indicated that it is seeking opportunities in the technology, media, and telecommunications sectors. A completed transaction could involve a merger, stock purchase, asset acquisition, reorganization, or another combination that results in a target company becoming publicly traded.

Archimedes Tech SPAC Partners II is headquartered in the United States and was established as a blank-check company.