EQV Ventures Acquisition Corp. II (NYSE:EVAC) Stock Short Interest Climbs 111.1%

EQV Ventures Acquisition Corp. II (NYSE:EVAC) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 872 shares, an increase of 111.1% from the September 30th total of 413 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 279,274 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund 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) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,944 shares of the company’s stock, valued at approximately $191,000.

EQV Ventures Acquisition Corp. II Stock Performance

Shares of NYSE EVAC traded down $0.01 during mid-day trading on Friday, hitting $10.36. 153,408 shares of the stock traded hands, compared to its average volume of 305,224. The company has a market cap of $605.23 million, a price-to-earnings ratio of 73.96 and a beta of 0.03. The stock has a fifty day moving average price of $10.31 and a 200-day moving average price of $10.23. EQV Ventures Acquisition Corp. II has a 52 week low of $9.98 and a 52 week high of $10.36.

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen raised EQV Ventures Acquisition Corp. II to a “hold” rating in a report on Saturday, October 17th. Weiss Ratings upgraded EQV Ventures Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has a consensus rating of “Sell”.

EQV Ventures Acquisition Corp. II Company Profile

EQV Ventures Acquisition Corp. II (NYSE: EVAC) is a blank-check company, also known as a special purpose acquisition company (SPAC). The company was formed to raise capital through a public offering and use the proceeds to pursue a merger, stock purchase, or similar business combination with one or more operating companies.

As an acquisition vehicle, EQV Ventures Acquisition Corp. II does not operate a conventional business and does not currently offer products or services to customers.