EQV Ventures Acquisition Corp. II (NYSE:EVAC) Shares Shorted: Short Interest Up 2,066.4% in October

EQV Ventures Acquisition Corp. II (NYSE:EVAC) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 18,891 shares, an increase of 2,066.4% from the October 15th total of 872 shares. Based on an average daily volume of 294,594 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several research firms have issued reports on EVAC. Weiss Ratings upgraded EQV Ventures Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. Wall Street Zen raised shares of EQV Ventures Acquisition Corp. II to a “hold” rating in a research note on Saturday, October 17th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in EQV Ventures Acquisition Corp. II stock. Bank of America Corp DE acquired a new position in EQV Ventures Acquisition Corp. II (NYSE:EVAC) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 18,944 shares of the company’s stock, valued at approximately $191,000.

EQV Ventures Acquisition Corp. II Price Performance

EQV Ventures Acquisition Corp. II stock traded down $0.01 during midday trading on Thursday, reaching $10.37. The stock had a trading volume of 1,348 shares, compared to its average volume of 132,960. EQV Ventures Acquisition Corp. II has a twelve month low of $9.98 and a twelve month high of $10.39. The firm has a market cap of $605.81 million, a price-to-earnings ratio of 74.04 and a beta of 0.03. The firm’s fifty day simple moving average is $10.32 and its two-hundred day simple moving average is $10.24.

EQV Ventures Acquisition Corp. II (NYSE:EVAC) last released its earnings results on Friday, August 14th. The company reported $0.07 earnings per share (EPS) for the quarter.

EQV Ventures Acquisition Corp. II Company Profile

EQV Ventures Acquisition Corp. II is a special purpose acquisition company, or blank-check company. It was formed to pursue a merger, share exchange, asset acquisition, or similar business combination with another company. As an acquisition company, EQV Ventures Acquisition Corp. II does not have its own established operating business, products, or services. Its activities center on identifying and completing a business combination.