EQV Ventures Acquisition Corp. II (NYSE:EVAC) Sees Large Increase in Short Interest

EQV Ventures Acquisition Corp. II (NYSE:EVAC) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 18,891 shares, an increase of 2,066.4% from the October 15th total of 872 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 294,594 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On EQV Ventures Acquisition Corp. II

A hedge fund recently raised its position in EQV Ventures Acquisition Corp. II stock. RLH Capital LLC raised its stake in EQV Ventures Acquisition Corp. II (NYSE:EVAC) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 202,341 shares of the company’s stock after acquiring an additional 2,341 shares during the quarter. RLH Capital LLC owned approximately 0.35% of EQV Ventures Acquisition Corp. II worth $2,088,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wall Street Zen upgraded EQV Ventures Acquisition Corp. II to a “hold” rating in a report on Saturday, October 17th. Weiss Ratings raised 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 analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, EQV Ventures Acquisition Corp. II currently has a consensus rating of “Sell”.

EQV Ventures Acquisition Corp. II Stock Up 0.0%

Shares of EQV Ventures Acquisition Corp. II stock traded up $0.01 during trading on Tuesday, reaching $10.37. The company’s stock had a trading volume of 58,349 shares, compared to its average volume of 296,409. EQV Ventures Acquisition Corp. II has a 1-year low of $9.98 and a 1-year high of $10.39. The company has a 50-day simple moving average of $10.32 and a two-hundred day simple moving average of $10.24.

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

About EQV Ventures Acquisition Corp. II

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. Its activities are primarily focused on identifying and evaluating potential acquisition targets and completing a business combination.