Columbus Circle Capital Corp II (NASDAQ:CMII) Sees Significant Decline in Short Interest

Columbus Circle Capital Corp II (NASDAQ:CMII) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 6,013 shares, a decrease of 62.3% from the July 15th total of 15,938 shares. Based on an average daily volume of 85,857 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on Columbus Circle Capital Corp II in a report on Friday, June 5th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Columbus Circle Capital Corp II Price Performance

CMII stock remained flat at $10.02 during mid-day trading on Friday. 8,429 shares of the company’s stock were exchanged, compared to its average volume of 115,084. Columbus Circle Capital Corp II has a fifty-two week low of $9.76 and a fifty-two week high of $10.22. The company has a 50 day simple moving average of $10.05.

About Columbus Circle Capital Corp II

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.