ArcLight Clean Transition Corp. II (NASDAQ:ACTD – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday, Zacks.com reports. The brokerage currently has a $11.00 price objective on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 10.89% […]
Stock Analysts’ upgrades for Tuesday, May 31st: ArcLight Clean Transition Corp. II (NASDAQ:ACTD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $11.00 price target on the stock. According to Zacks, “ArcLight Clean Transition Corp. II entered into a definitive business combination agreement with OPAL […]
ArcLight Clean Transition Corp. II (NASDAQ:ACTD – Get Rating) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 193,400 shares, a growth of 2,025.3% from the April 30th total of 9,100 shares. Currently, 0.6% of the shares of the company […]
ArcLight Clean Transition Corp. II (NASDAQ:ACTD – Get Rating) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 9,100 shares, a drop of 33.6% from the April 15th total of 13,700 shares. Currently, 0.0% of the company’s stock are short sold. Based on […]
SPAC market sentiment is about as low as it has been in quite some time. Jim Cramer s latest SPAC related tweet and the continuing, elevated redemption rates are just two signs.