Viking Acquisition Corp. II (NYSE:VII – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,499 shares, an increase of 390.7% from the October 15th total of 713 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 53,546 shares, the short-interest ratio is presently 0.1 days.
Viking Acquisition Corp. II Price Performance
Shares of VII traded down $0.04 during mid-day trading on Wednesday, hitting $9.81. The company’s stock had a trading volume of 108 shares, compared to its average volume of 50,727. The business has a 50-day moving average of $9.83. Viking Acquisition Corp. II has a 1-year low of $9.78 and a 1-year high of $9.90.
Viking Acquisition Corp. II Company Profile
Viking Acquisition Corp. II (NYSE: VII) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more operating businesses. Unlike an operating company, Viking Acquisition Corp. II does not manufacture products or provide ongoing commercial services of its own. Its activities are focused on evaluating potential acquisition targets, conducting due diligence and seeking approval for a transaction that would allow a private company to become publicly traded.
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