Viking Acquisition Corp. II (NYSE:VII) Shares Shorted: Short Interest Down 89.4% in September

Viking Acquisition Corp. II (NYSE:VII) 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. Based on an average trading volume of 76,529 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Viking Acquisition Corp. II Stock Down 0.1%

VII stock traded down $0.01 during midday trading on Friday, reaching $9.84. The company had a trading volume of 5,986 shares, compared to its average volume of 67,376. The stock’s 50 day moving average price is $9.83. Viking Acquisition Corp. II has a fifty-two week low of $9.80 and a fifty-two week high of $9.90.

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.