Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) Stock Short Interest Report for October

Mountain Lake Acquisition Corp. II (NASDAQ:MLAA) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,226 shares, a growth of 168.3% from the October 15th total of 457 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 54,558 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Mountain Lake Acquisition Corp. II

A number of institutional investors have recently modified their holdings of the business. First Trust Capital Management L.P. acquired a new position in shares of Mountain Lake Acquisition Corp. II in the third quarter valued at about $6,006,000. Citadel Advisors LLC bought a new stake in Mountain Lake Acquisition Corp. II in the 2nd quarter valued at about $159,000. Readystate Asset Management LP acquired a new position in shares of Mountain Lake Acquisition Corp. II during the 2nd quarter worth approximately $1,241,000. Finally, Lineage Point Capital LP acquired a new position in shares of Mountain Lake Acquisition Corp. II during the 2nd quarter worth approximately $2,922,000.

Mountain Lake Acquisition Corp. II Stock Up 0.1%

Shares of NASDAQ MLAA opened at $10.04 on Friday. The stock’s fifty day moving average price is $10.02 and its two-hundred day moving average price is $9.98. Mountain Lake Acquisition Corp. II has a one year low of $9.40 and a one year high of $11.20.

Mountain Lake Acquisition Corp. II Company Profile

Mountain Lake Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a SPAC, it does not have an established portfolio of operating products or services. Its activities are focused on identifying and completing a business combination. No specific target industry, geographic focus or operating business is identified here.