Short Interest in Oyster Enterprises II Acquisition Corp (NASDAQ:OYSEU) Declines By 40.0%

Oyster Enterprises II Acquisition Corp (NASDAQ:OYSEU) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 900 shares, a drop of 40.0% from the September 15th total of 1,500 shares. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Oyster Enterprises II Acquisition

Large investors have recently added to or reduced their stakes in the company. Gritstone Asset Management LLC purchased a new position in shares of Oyster Enterprises II Acquisition in the 2nd quarter worth about $506,000. Tuttle Capital Management LLC bought a new stake in Oyster Enterprises II Acquisition in the 2nd quarter worth approximately $101,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Oyster Enterprises II Acquisition in the second quarter worth approximately $2,537,000. Clear Street LLC bought a new position in Oyster Enterprises II Acquisition during the second quarter valued at approximately $3,138,000. Finally, DLD Asset Management LP purchased a new position in shares of Oyster Enterprises II Acquisition during the second quarter worth approximately $2,024,000.

Oyster Enterprises II Acquisition Stock Performance

Shares of NASDAQ:OYSEU opened at $10.19 on Tuesday. The business has a fifty day moving average of $10.27. Oyster Enterprises II Acquisition has a one year low of $10.00 and a one year high of $11.16.

About Oyster Enterprises II Acquisition

We are a blank check company incorporated on October 9, 2024, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.