New Providence Acquisition Corp. II (NASDAQ:NPAB) Short Interest Update

New Providence Acquisition Corp. II (NASDAQ:NPAB) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 11,400 shares, the short-interest ratio is presently 0.0 days.

New Providence Acquisition Corp. II Stock Performance

Shares of NASDAQ:NPAB remained flat at $10.87 during trading on Thursday. 5,842 shares of the stock were exchanged, compared to its average volume of 35,595. The business’s 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $10.69. New Providence Acquisition Corp. II has a fifty-two week low of $10.38 and a fifty-two week high of $11.67.

New Providence Acquisition Corp. II Company Profile

New Providence Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the consumer industry. The company was incorporated in 2020 and is based in Austin, Texas.