EQV Ventures Acquisition Corp. II (NYSE:EVAC) Stock Short Interest Rises 442.0%

Key Points

• Short interest surged 442% to 3,523 shares as of September 15, up from 650 shares at the end of August. Despite the increase, short interest represents approximately 0.0% of shares outstanding, with a 0.0-day days-to-cover ratio.
• Analyst sentiment remains negative: Weiss Ratings upgraded EVAC from “sell (d-)” to “sell (d),” while the stock maintains an average “Sell” rating from one analyst.
• EVAC shares opened at $10.30, near their 12-month high of $10.33, and the company reported quarterly EPS of $0.07. Bank of America acquired 18,944 shares, valued at approximately $191,000.

EQV Ventures Acquisition Corp. II (NYSE:EVAC - Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,523 shares, an increase of 442.0% from the August 31st total of 650 shares. Based on an average daily volume of 97,224 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of EQV Ventures Acquisition Corp. II from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".

EQV Ventures Acquisition Corp. II Price Performance

Shares of EVAC stock opened at $10.30 on Friday. The stock's 50 day moving average is $10.27. The firm has a market capitalization of $602.33 million and a P/E ratio of 73.61. EQV Ventures Acquisition Corp. II has a 12-month low of $9.90 and a 12-month high of $10.33.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in EQV Ventures Acquisition Corp. II stock. Bank of America Corp DE acquired a new position in shares of EQV Ventures Acquisition Corp. II (NYSE:EVAC - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 18,944 shares of the company's stock, valued at approximately $191,000.

EQV Ventures Acquisition Corp. II Company Profile

EQV Ventures Acquisition Corp. II NYSE: EVAC is a special purpose acquisition company (SPAC), also known as a blank-check company. It was formed to identify and complete a business combination with an operating company or other business, such as a merger, acquisition, stock purchase, or similar transaction.

Unlike an operating company, EQV Ventures Acquisition Corp. II does not manufacture products or provide ongoing commercial services. Its activities are primarily focused on evaluating potential acquisition targets, negotiating a transaction, and completing the related regulatory and shareholder-approval processes.

The company's geographic focus, leadership details, and any completed business combination should be reviewed through its filings with the U.S.

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