Ares Acquisition Co. II (NYSE:AACT) Short Interest Update

Ares Acquisition Co. II (NYSE:AACT - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 6,900 shares, an increase of 56.8% from the February 13th total of 4,400 shares. Based on an average trading volume of 172,400 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Ares Acquisition Co. II

A number of institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC lifted its position in shares of Ares Acquisition Co. II by 4.2% during the 4th quarter. Virtu Financial LLC now owns 22,710 shares of the company's stock worth $249,000 after buying an additional 914 shares during the period. D. E. Shaw & Co. Inc. lifted its holdings in shares of Ares Acquisition Co. II by 2.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,475,000 shares of the company's stock valued at $27,176,000 after acquiring an additional 61,500 shares during the period. Jane Street Group LLC bought a new position in shares of Ares Acquisition Co. II during the fourth quarter valued at $883,000. Berkley W R Corp boosted its stake in shares of Ares Acquisition Co. II by 6.6% in the 4th quarter. Berkley W R Corp now owns 1,608,763 shares of the company's stock valued at $17,664,000 after purchasing an additional 99,740 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in shares of Ares Acquisition Co. II in the 4th quarter worth about $1,110,000. 72.95% of the stock is owned by institutional investors and hedge funds.

Ares Acquisition Co. II Stock Performance

NYSE AACT traded up $0.01 on Tuesday, reaching $11.18. The company's stock had a trading volume of 14,970 shares, compared to its average volume of 246,562. Ares Acquisition Co. II has a 52 week low of $10.55 and a 52 week high of $11.20. The business has a 50-day moving average price of $11.05 and a 200 day moving average price of $10.94.

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Ares Acquisition Co. II Company Profile

Ares Acquisition Corp. II is a blank check company which engages in effecting a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination. The company was founded on March 15, 2021 and is headquartered in New York, NY.