Short Interest in Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) Rises By 63.2%

Art Technology Acquisition Corp. Class A Ordinary Shares (NASDAQ:ARTC) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 857 shares, a growth of 63.2% from the May 14th total of 525 shares. Based on an average daily trading volume, of 96,232 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Art Technology Acquisition Corp. Class A Ordinary Shares in a report on Tuesday, May 26th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Art Technology Acquisition Corp. Class A Ordinary Shares currently has an average rating of “Sell”.

Art Technology Acquisition Corp. Class A Ordinary Shares Price Performance

Shares of NASDAQ ARTC opened at $9.92 on Tuesday. The firm’s 50-day moving average is $9.88. Art Technology Acquisition Corp. Class A Ordinary Shares has a 1-year low of $9.78 and a 1-year high of $9.94. The firm has a market capitalization of $259.16 million and a price-to-earnings ratio of 24.80.