Collective Acquisition Corp. II Units (NASDAQ:CAIIU – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,859 shares, a growth of 88.3% from the August 31st total of 1,518 shares. Based on an average daily volume of 302 shares, the short-interest ratio is currently 9.5 days.
Collective Acquisition Corp. II Units Stock Down 0.2%
Shares of Collective Acquisition Corp. II Units stock traded down $0.02 on Wednesday, hitting $10.05. The company had a trading volume of 202 shares, compared to its average volume of 77,149. Collective Acquisition Corp. II Units has a 1 year low of $9.95 and a 1 year high of $10.10. The stock’s 50 day simple moving average is $10.07.
About Collective Acquisition Corp. II Units
Collective Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more businesses. The company does not currently operate as an established commercial business and has not publicly identified a specific target company.
Its securities are listed on Nasdaq under the symbol CAIIU as units. These units generally represent a combination of common stock and other securities, such as warrants, although the specific terms are defined in the company’s offering documents.
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