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VectoIQ Acquisition Corp. II (NASDAQ:VTIQW) Sees Significant Increase in Short Interest

Defense World ·  Nov 30, 2022 17:51

VectoIQ Acquisition Corp. II (NASDAQ:VTIQW – Get Rating) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 35,800 shares, a growth of 42.6% from the October 31st total of 25,100 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is presently 1.5 days.

Hedge Funds Weigh In On VectoIQ Acquisition Corp. II

An institutional investor recently raised its position in VectoIQ Acquisition Corp. II stock. Cohen & Co Financial Management LLC increased its holdings in VectoIQ Acquisition Corp. II (NASDAQ:VTIQW – Get Rating) by 340.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,000 shares of the company's stock after buying an additional 77,297 shares during the quarter. VectoIQ Acquisition Corp. II comprises 0.3% of Cohen & Co Financial Management LLC's portfolio, making the stock its 28th largest holding. Cohen & Co Financial Management LLC's holdings in VectoIQ Acquisition Corp. II were worth $45,000 as of its most recent SEC filing.

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VectoIQ Acquisition Corp. II Price Performance

Shares of VTIQW stock opened at $0.01 on Wednesday. VectoIQ Acquisition Corp. II has a 12-month low of $0.00 and a 12-month high of $1.36. The business has a 50 day simple moving average of $0.05 and a 200 day simple moving average of $0.13.

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