BOA Acquisition Corp. II (NASDAQ:THEO) Shares Shorted: Short Interest Up 361.4% in October

BOA Acquisition Corp. II (NASDAQ:THEO) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,292 shares, a growth of 361.4% from the October 15th total of 280 shares. Based on an average daily trading volume, of 11,549 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

BOA Acquisition Corp. II Stock Down 0.1%

Shares of THEO opened at $9.94 on Wednesday. The company has a 50-day moving average price of $9.91. BOA Acquisition Corp. II has a one year low of $9.81 and a one year high of $10.03.

Wall Street Analysts Forecast Growth

THEO has been the topic of a number of recent research reports. Wall Street Zen raised BOA Acquisition Corp. II to a “hold” rating in a research report on Monday, August 17th. Weiss Ratings began coverage on BOA Acquisition Corp. II in a research report on Monday. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, BOA Acquisition Corp. II has a consensus rating of “Sell”.

About BOA Acquisition Corp. II

BOA Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Unlike an operating business, the company does not appear to offer products or services directly to customers. Its primary activities include evaluating potential merger or acquisition targets, conducting due diligence, and negotiating a transaction intended to provide a private company with access to the public markets. The company may focus on a particular industry or geography as outlined in its public filings, but reliable details about a completed transaction or operating target are not available.