Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Up 496.3% in May

Colombier Acquisition Corp. II (NYSE:CLBR) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 11,460 shares, a growth of 496.3% from the May 14th total of 1,922 shares. Based on an average daily volume of 16,726 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Colombier Acquisition Corp. II

A hedge fund recently bought a new stake in Colombier Acquisition Corp. II stock. Jane Street Group LLC purchased a new stake in shares of Colombier Acquisition Corp. II (NYSE:CLBR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned 0.06% of Colombier Acquisition Corp. II as of its most recent SEC filing. Hedge funds and other institutional investors own 4.80% of the company’s stock.

Colombier Acquisition Corp. II Trading Down 0.1%

CLBR traded down $0.01 during trading on Friday, hitting $10.29. 679 shares of the stock traded hands, compared to its average volume of 41,713. The firm has a 50-day moving average of $10.13 and a 200 day moving average of $14.39. Colombier Acquisition Corp. II has a 12-month low of $10.01 and a 12-month high of $10.40.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a research note on Saturday, April 4th.

About Colombier Acquisition Corp. II

Colombier Acquisition Corp. does not have significant operations. It intends to effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Palm Beach, Florida.