Colombier Acquisition Corp. II (NYSE:CLBR) Shares Shorted: Short Interest Up 125.3% in September

Colombier Acquisition Corp. II (NYSE:CLBR) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 14,494 shares, an increase of 125.3% from the September 15th total of 6,433 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 118,187 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Colombier Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Colombier Acquisition Corp. II has an average rating of “Sell”.

Colombier Acquisition Corp. II Stock Down 0.2%

NYSE:CLBR traded down $0.03 during trading hours on Wednesday, reaching $10.12. 380,701 shares of the company traded hands, compared to its average volume of 116,697. The business’s 50-day moving average price is $10.23 and its two-hundred day moving average price is $10.21. Colombier Acquisition Corp. II has a 1 year low of $10.01 and a 1 year high of $10.40.

About Colombier Acquisition Corp. II

Colombier Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and combine with one or more businesses through a merger, stock purchase, or similar transaction. Unlike an operating company, it does not currently offer products or services of its own and was formed to hold funds and pursue a future business combination.

The company has indicated that it intends to seek a target with operations or growth opportunities in sectors such as technology, financial services, consumer products, and other areas of the broader “freedom economy.” Its geographic focus and the identity of any eventual acquisition target may change as the company evaluates potential transactions.