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

Sizzle Acquisition Corp. II (NASDAQ:SZZL – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 793 shares, a decline of 89.4% from the July 15th total of 7,480 shares. Based on an average trading volume of 100,215 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Sizzle Acquisition Corp. II Stock Performance

Shares of NASDAQ:SZZL remained flat at $10.41 during midday trading on Wednesday. 43,475 shares of the company traded hands, compared to its average volume of 65,047. The firm has a fifty day moving average price of $10.37 and a two-hundred day moving average price of $10.31. Sizzle Acquisition Corp. II has a 1-year low of $9.21 and a 1-year high of $10.50.

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Sizzle Acquisition Corp. II (NASDAQ:SZZL – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.05 EPS for the quarter.

Hedge Funds Weigh In On Sizzle Acquisition Corp. II

A number of institutional investors and hedge funds have recently bought and sold shares of SZZL. Rangeley Capital LLC purchased a new stake in shares of Sizzle Acquisition Corp. II during the first quarter valued at approximately $103,000. Lineage Point Capital LP acquired a new position in Sizzle Acquisition Corp. II in the 4th quarter worth $254,000. PenderFund Capital Management Ltd. acquired a new position in Sizzle Acquisition Corp. II in the 4th quarter worth $443,000. Meteora Capital LLC purchased a new position in Sizzle Acquisition Corp. II in the 4th quarter valued at about $592,000. Finally, Parallax Volatility Advisers L.P. purchased a new position in Sizzle Acquisition Corp. II in the 3rd quarter valued at about $806,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Sizzle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Sizzle Acquisition Corp. II presently has an average rating of “Sell”.

Check Out Our Latest Research Report on SZZL

About Sizzle Acquisition Corp. II

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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.

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