Short Interest in Sizzle Acquisition Corp. II (NASDAQ:SZZL) Drops By 89.4%

Sizzle Acquisition Corp. II (NASDAQ:SZZL) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 793 shares, a drop of 89.4% from the July 15th total of 7,480 shares. Based on an average daily volume of 100,215 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Sizzle Acquisition Corp. II

A number of institutional investors have recently bought and sold shares of SZZL. Wolverine Asset Management LLC grew its holdings in Sizzle Acquisition Corp. II by 23.6% during the 4th quarter. Wolverine Asset Management LLC now owns 1,001,497 shares of the company’s stock valued at $10,175,000 after purchasing an additional 191,078 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Sizzle Acquisition Corp. II during the first quarter valued at approximately $4,112,000. Sona Asset Management US LLC bought a new position in shares of Sizzle Acquisition Corp. II during the first quarter valued at approximately $1,040,000. Radcliffe Capital Management L.P. raised its holdings in shares of Sizzle Acquisition Corp. II by 14.5% in the fourth quarter. Radcliffe Capital Management L.P. now owns 489,484 shares of the company’s stock worth $4,973,000 after buying an additional 62,039 shares during the period. Finally, Rangeley Capital LLC purchased a new position in Sizzle Acquisition Corp. II during the 1st quarter valued at $103,000.

Sizzle Acquisition Corp. II Stock Performance

NASDAQ:SZZL traded up $0.01 during trading hours on Thursday, reaching $10.42. The stock had a trading volume of 45,750 shares, compared to its average volume of 88,248. Sizzle Acquisition Corp. II has a 52 week low of $9.21 and a 52 week high of $10.50. The company has a 50 day moving average price of $10.38 and a two-hundred day moving average price of $10.31.

Sizzle Acquisition Corp. II (NASDAQ:SZZL) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Sizzle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Sizzle Acquisition Corp. II Company Profile

Sizzle Acquisition Corp. does not have significant operations. The company intends to focus on entering into merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries. The company was incorporated in 2020 and is based in Washington, the District of Columbia.