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

Key Points

• Short interest in EVAC surged 111.1% to 872 shares as of October 15, up from 413 shares at the end of September. Despite the increase, short interest represented approximately 0.0% of shares outstanding, with a days-to-cover ratio of 0.0.
• EVAC shares were recently trading at $10.36, near their 52-week high, with a market capitalization of approximately $605.2 million. The company reported quarterly earnings of $0.07 per share.
• Analyst sentiment remains negative: one analyst rates the stock “Sell,” producing a consensus “Sell” rating. EVAC is a blank-check company, or SPAC, formed to pursue a future business combination.

EQV Ventures Acquisition Corp. II (NYSE:EVAC - Get Free Report) saw a large increase in short interest during the month of 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. Based on an average daily volume of 279,274 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on EVAC shares. Wall Street Zen raised EQV Ventures Acquisition Corp. II to a "hold" rating in a report on Saturday, October 17th. Weiss Ratings raised EQV Ventures Acquisition Corp. II from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of "Sell".

EQV Ventures Acquisition Corp. II Trading Down 0.0%

Shares of EVAC stock traded down $0.01 during trading hours on Friday, hitting $10.36. 153,408 shares of the company were exchanged, compared to its average volume of 305,224. The business has a 50 day moving average of $10.31 and a two-hundred day moving average of $10.23. EQV Ventures Acquisition Corp. II has a 52 week low of $9.98 and a 52 week high of $10.36. The company has a market capitalization of $605.23 million, a PE ratio of 73.96 and a beta of 0.03.

EQV Ventures Acquisition Corp. II (NYSE:EVAC - Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.07 earnings per share for the quarter.

Institutional Investors Weigh In On EQV Ventures Acquisition Corp. II

A hedge fund recently bought a new stake in EQV Ventures Acquisition Corp. II stock. Bank of America Corp DE purchased a new position in shares of EQV Ventures Acquisition Corp. II (NYSE:EVAC - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 18,944 shares of the company's stock, valued at approximately $191,000.

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.

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