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 large growth in short interest in the month of October. As of October 30th, there was short interest totaling 18,891 shares, a growth of 2,066.4% from the October 15th total of 872 shares. Based on an average daily volume of 294,594 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. 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. Wall Street Zen upgraded shares of EQV Ventures Acquisition Corp. II to a “hold” rating in a report on Saturday, October 17th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

EQV Ventures Acquisition Corp. II Stock Performance

NYSE:EVAC traded down $0.01 during trading hours on Wednesday, reaching $10.37. The stock had a trading volume of 26,450 shares, compared to its average volume of 132,952. EQV Ventures Acquisition Corp. II has a 52 week low of $9.98 and a 52 week high of $10.39. The company has a 50 day moving average price of $10.32 and a two-hundred day moving average price of $10.24. The stock has a market capitalization of $605.83 million, a PE ratio of 74.04 and a beta of 0.03.

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

Institutional Investors Weigh In On EQV Ventures Acquisition Corp. II

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

About EQV Ventures Acquisition Corp. II

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.