Newbury Street II Short Interest Reportedly Falls 93%

Newbury Street II Acquisition Corp’s securities showed sharply different short-interest trends in October: short interest in its Class A shares fell 93% to 2,079 shares by Oct. 15, while short interest in its warrants rose 309% to 5,554 shares. The Class A shares had a reported days-to-cover ratio of 0.0, compared with 0.3 days for the warrants. Weiss Ratings lowered its rating on both securities from “sell (D+)” to “sell (D),” and the articles report that the sole analyst covering them rates them Sell.