EQV Ventures Acquisition Corp. II (NYSE:EVAC) Shares Shorted: Short Interest Down 88.3% in September

EQV Ventures Acquisition Corp. II (NYSE:EVAC) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 413 shares, a decline of 88.3% from the September 15th total of 3,523 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 204,114 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of EQV Ventures Acquisition Corp. II

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of EQV Ventures Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

EQV Ventures Acquisition Corp. II Price Performance

Shares of NYSE EVAC traded down $0.01 during midday trading on Friday, hitting $10.31. The company had a trading volume of 50,446 shares, compared to its average volume of 178,806. EQV Ventures Acquisition Corp. II has a twelve month low of $9.94 and a twelve month high of $10.33. The firm has a 50-day simple moving average of $10.29. The firm has a market cap of $602.91 million, a price-to-earnings ratio of 73.68 and a beta of 0.03.

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

About EQV Ventures Acquisition Corp. II

EQV Ventures Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with an operating company. Its potential transactions may include a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar combination.

As a blank-check company, EQV Ventures Acquisition Corp. II does not conduct traditional operating activities and does not currently offer products or services of its own. Its principal purpose is to raise capital and evaluate potential target businesses for a qualifying transaction.

The company’s business activities and geographic focus may change if it completes a business combination.