Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB) Short Interest Up 3,400.0% in October

Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,500 shares, a growth of 3,400.0% from the October 15th total of 100 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is presently 0.4 days. Currently, 0.5% of the company's shares are short sold.

Atlantic Coastal Acquisition Corp. II Stock Down 47.1 %

Shares of ACAB traded down $5.13 during trading hours on Tuesday, reaching $5.77. 157,509 shares of the company traded hands, compared to its average volume of 9,416. Atlantic Coastal Acquisition Corp. II has a 12-month low of $5.75 and a 12-month high of $13.00. The stock's fifty day moving average price is $11.17 and its 200 day moving average price is $11.17.

About Atlantic Coastal Acquisition Corp. II

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in financial services industry and mobility sector.