Short Interest in Columbus Circle Capital Corp II (NASDAQ:CMII) Grows By 1,702.9%

Columbus Circle Capital Corp II (NASDAQ:CMII) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 15,938 shares, an increase of 1,702.9% from the June 30th total of 884 shares. Based on an average trading volume of 221,009 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Columbus Circle Capital Corp II Price Performance

Shares of CMII remained flat at $10.02 during midday trading on Friday. The stock had a trading volume of 242,872 shares, compared to its average volume of 124,378. The business has a fifty day moving average of $10.02. Columbus Circle Capital Corp II has a 12 month low of $9.76 and a 12 month high of $10.22.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on Columbus Circle Capital Corp II in a research note on Friday, June 5th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Columbus Circle Capital Corp II Company Profile

Columbus Circle Capital Corp II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.