Colombier Acquisition Corp. II (NYSE:CLBR) Short Interest Down 69.2% in June

Colombier Acquisition Corp. II (NYSE:CLBR) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,534 shares, a decrease of 69.2% from the May 31st total of 11,460 shares. Based on an average trading volume of 35,032 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Colombier Acquisition Corp. II Stock Performance

Shares of NYSE:CLBR traded up $0.01 during mid-day trading on Friday, hitting $10.26. The company had a trading volume of 525 shares, compared to its average volume of 37,109. The firm has a fifty day moving average price of $10.18 and a 200 day moving average price of $13.90. Colombier Acquisition Corp. II has a one year low of $10.01 and a one year high of $10.40.

Institutional Investors Weigh In On Colombier Acquisition Corp. II

A hedge fund recently bought a new position in Colombier Acquisition Corp. II stock. Jane Street Group LLC acquired a new position in shares of Colombier Acquisition Corp. II (NYSE:CLBR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,881 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned approximately 0.06% of Colombier Acquisition Corp. II at the end of the most recent reporting period. Institutional investors own 4.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CLBR. Weiss Ratings began coverage on shares of Colombier Acquisition Corp. II in a report on Tuesday. They set a “sell (e)” rating for the company. Wall Street Zen raised shares of Colombier Acquisition Corp. II to a “hold” rating in a research note on Saturday, April 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.