Alussa Energy Acquisition Corp. II (NYSE:ALUB) Short Interest Down 65.2% in April

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 681 shares, a drop of 65.2% from the April 15th total of 1,957 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,252 shares, the days-to-cover ratio is presently 0.0 days.

Alussa Energy Acquisition Corp. II Stock Down 0.0%

Alussa Energy Acquisition Corp. II stock traded down $0.01 during midday trading on Friday, reaching $10.02. The company had a trading volume of 72,136 shares, compared to its average volume of 32,981. Alussa Energy Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.10.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of Alussa Energy Acquisition Corp. II in a research note on Wednesday, April 29th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Alussa Energy Acquisition Corp. II Company Profile

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.