Andretti Acquisition Corp. II (NASDAQ:POLE) Short Interest Update

Andretti Acquisition Corp. II (NASDAQ:POLE) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 805 shares, an increase of 138.9% from the December 15th total of 337 shares. Based on an average daily volume of 10,087 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,087 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Andretti Acquisition Corp. II in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Andretti Acquisition Corp. II currently has an average rating of “Sell”.

Institutional Trading of Andretti Acquisition Corp. II

Several institutional investors have recently made changes to their positions in the business. Clear Street LLC boosted its stake in Andretti Acquisition Corp. II by 61,656.5% during the second quarter. Clear Street LLC now owns 14,204 shares of the company’s stock valued at $147,000 after buying an additional 14,181 shares during the last quarter. Clear Street Group Inc. purchased a new position in shares of Andretti Acquisition Corp. II during the third quarter worth approximately $149,000. Sandia Investment Management LP purchased a new stake in shares of Andretti Acquisition Corp. II in the 2nd quarter worth $415,000. Whitebox Advisors LLC purchased a new position in Andretti Acquisition Corp. II during the 2nd quarter valued at about $2,076,000. Finally, Jain Global LLC lifted its holdings in Andretti Acquisition Corp. II by 282.1% during the third quarter. Jain Global LLC now owns 225,825 shares of the company’s stock worth $2,364,000 after buying an additional 166,719 shares during the period.

Andretti Acquisition Corp. II Price Performance

Shares of POLE stock traded up $0.01 during trading hours on Thursday, reaching $10.55. The company’s stock had a trading volume of 810 shares, compared to its average volume of 9,552. Andretti Acquisition Corp. II has a one year low of $10.01 and a one year high of $10.90. The firm’s fifty day simple moving average is $10.52 and its 200 day simple moving average is $10.49.

Andretti Acquisition Corp. II (NASDAQ:POLE) last announced its earnings results on Monday, November 10th. The company reported $0.08 EPS for the quarter.

About Andretti Acquisition Corp. II

Andretti Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a business combination. The company has no commercial operations of its own but seeks to merge with or acquire a private business with a focus on advanced mobility, high-performance automotive technologies, or related sectors. By leveraging the Andretti brand, it aims to align with firms operating at the intersection of motorsports and cutting-edge vehicle innovation.

The SPAC structure allows Andretti Acquisition Corp.