Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Sees Large Growth in Short Interest

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTCGet Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 1,762 shares, a growth of 105.6% from the May 31st total of 857 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 34,518 shares, the short-interest ratio is currently 0.1 days.

Art Technology Acquisition Corp. Class A Ordinary Shares Stock Up 0.1%

ARTC traded up $0.01 on Tuesday, reaching $9.92. 3,408 shares of the stock were exchanged, compared to its average volume of 73,504. The firm’s 50-day moving average is $9.89. The stock has a market capitalization of $259.16 million and a price-to-earnings ratio of 24.80. Art Technology Acquisition Corp. Class A Ordinary Shares has a fifty-two week low of $9.78 and a fifty-two week high of $9.94.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Art Technology Acquisition Corp. Class A Ordinary Shares in a research note on Tuesday, May 26th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Read Our Latest Report on Art Technology Acquisition Corp. Class A Ordinary Shares

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