Iris Acquisition Corp II (NYSE:IRAB – Get Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 42 shares, a drop of 62.8% from the July 30th total of 113 shares. Based on an average daily trading volume, of 15 shares, the short-interest ratio is presently 2.8 days. Currently, 0.0% of the company’s stock are short sold.
Iris Acquisition Corp II Stock Up 0.1%
Iris Acquisition Corp II stock traded up $0.01 during trading hours on Friday, reaching $9.98. 182 shares of the company were exchanged, compared to its average volume of 27,687. The firm has a 50-day moving average price of $9.97. Iris Acquisition Corp II has a 12 month low of $9.81 and a 12 month high of $10.07.
Analysts Set New Price Targets
Separately, Weiss Ratings began coverage on Iris Acquisition Corp II in a research report on Tuesday, August 11th. They issued a “sell (e+)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Iris Acquisition Corp II currently has an average rating of “Sell”.
About Iris Acquisition Corp II
Iris Acquisition Corp II is a blank check company.
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