Short Interest in Alussa Energy Acquisition Corp. II (NYSE:ALUB) Increases By 554.9%

Alussa Energy Acquisition Corp. II (NYSE:ALUB) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 334 shares, a growth of 554.9% from the May 14th total of 51 shares. Based on an average daily volume of 9,539 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Alussa Energy Acquisition Corp. II Stock Down 0.0%

Alussa Energy Acquisition Corp. II stock traded down $0.01 during mid-day trading on Friday, hitting $10.04. 701 shares of the company’s stock traded hands, compared to its average volume of 66,174. Alussa Energy Acquisition Corp. II has a fifty-two week low of $9.90 and a fifty-two week high of $10.10.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Alussa Energy Acquisition Corp. II in a report on Wednesday, April 29th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Alussa Energy Acquisition Corp. II Company Profile

Alussa Energy Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.