Viking Acquisition Corp. II (NYSE:VII – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 497 shares, a drop of 89.4% from the August 31st total of 4,709 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 76,529 shares, the short-interest ratio is currently 0.0 days.
Viking Acquisition Corp. II Stock Down 0.1%
Shares of Viking Acquisition Corp. II stock traded down $0.01 during trading on Friday, hitting $9.84. The company’s stock had a trading volume of 5,986 shares, compared to its average volume of 62,964. Viking Acquisition Corp. II has a 52 week low of $9.80 and a 52 week high of $9.90. The firm’s 50-day moving average is $9.83.
Viking Acquisition Corp. II Company Profile
Viking Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify, acquire, and combine with an operating business. Unlike a conventional operating company, it does not manufacture products or provide commercial services of its own.
The company’s primary activity is evaluating potential merger or acquisition opportunities, commonly referred to as a business combination. If a transaction is completed, the resulting company would become the operating business associated with the publicly traded entity.
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