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Short Interest in VectoIQ Acquisition Corp. II (NASDAQ:VTIQ) Drops By 25.8%

Defense World ·  Oct 1, 2022 13:01

VectoIQ Acquisition Corp. II (NASDAQ:VTIQ – Get Rating) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 383,700 shares, a decline of 25.8% from the August 31st total of 517,100 shares. Based on an average daily volume of 86,600 shares, the short-interest ratio is presently 4.4 days. Approximately 1.2% of the shares of the company are sold short.

Institutional Trading of VectoIQ Acquisition Corp. II

Several institutional investors have recently added to or reduced their stakes in VTIQ. CSS LLC IL bought a new position in shares of VectoIQ Acquisition Corp. II during the second quarter worth about $102,000. PEAK6 Investments LLC bought a new position in shares of VectoIQ Acquisition Corp. II during the fourth quarter worth about $129,000. Context Capital Management LLC bought a new position in shares of VectoIQ Acquisition Corp. II during the first quarter worth about $246,000. Rockefeller Capital Management L.P. grew its position in shares of VectoIQ Acquisition Corp. II by 31.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 34,941 shares of the company's stock worth $340,000 after acquiring an additional 8,441 shares during the last quarter. Finally, Karpus Management Inc. bought a new position in shares of VectoIQ Acquisition Corp. II during the first quarter worth about $344,000. Institutional investors own 59.05% of the company's stock.

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VectoIQ Acquisition Corp. II Trading Up 0.1 %

VTIQ stock opened at $9.86 on Friday. VectoIQ Acquisition Corp. II has a 1-year low of $9.71 and a 1-year high of $9.99. The firm has a fifty day moving average price of $9.86 and a two-hundred day moving average price of $9.83.

VectoIQ Acquisition Corp. II Company Profile

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VectoIQ Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus its search on the industrial technology, transportation, and smart mobility industries.

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