Short Interest in InterPrivate II Acquisition Corp. (NYSE:IPVA) Expands By 129.6%

InterPrivate II Acquisition Corp. (NYSE:IPVA) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 16,300 shares, an increase of 129.6% from the September 15th total of 7,100 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is currently 0.8 days.

Shares of NYSE IPVA remained flat at $$9.76 during mid-day trading on Thursday. The stock had a trading volume of 2,497 shares, compared to its average volume of 41,358. The business’s fifty day simple moving average is $9.75. InterPrivate II Acquisition has a fifty-two week low of $9.65 and a fifty-two week high of $10.71.

About InterPrivate II Acquisition

InterPrivate II Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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