The short stake in Northern Star Investment Corp. II (NYSE:NSTB) down 44.4%


Northern Star Investment Corp. II (NYSE: NSTB – Get Rating) saw a significant drop in short interest during the month of April. As of April 15, there was short interest totaling 29,100 shares, down 44.4% from the March 31 total of 52,300 shares. Based on an average daily volume of 108,000 shares, the short interest rate is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

A number of institutional investors have recently changed their positions in NSTB. ATW Spac Management LLC has increased its holdings of shares in Northern Star Investment Corp. II by 294.9% in the third quarter. ATW Spac Management LLC now owns 236,500 shares of the company valued at $2,348,000 after acquiring an additional 176,604 shares during the period. Wolverine Asset Management LLC has acquired a new stake in the shares of Northern Star Investment Corp. II in the third quarter worth about $33,000. Periscope Capital Inc. has increased its holdings of shares of Northern Star Investment Corp. II by 282.9% in the third quarter. Periscope Capital Inc. now owns 670,000 shares of the company valued at $6,654,000 after acquiring an additional 495,029 shares during the period. Falcon Edge Capital LP has acquired a new equity stake in Northern Star Investment Corp. II in the third quarter valued at approximately $5,263,000. Finally, OMERS ADMINISTRATION Corp increased its holding in shares of Northern Star Investment Corp. II by 127.7% in the third quarter. OMERS ADMINISTRATION Corp now owns 521,240 shares of the company valued at $5,176,000 after acquiring an additional 292,359 shares during the period. Institutional investors hold 94.88% of the company’s shares.

Northern Star Investment Corp. It traded down $0.01 by midday on Friday, hitting $9.81. The company had a trading volume of 53,515 shares, compared to an average volume of 48,923. Northern Star Investment Corp. It has a 1-year low of $9.38 and a 1-year high of $10.15. The company has a fifty-day moving average of $9.77 and a 200-day moving average of $9.78.

Company Profile Northern Star Investment Corp. II (Get a rating)

Northern Star Investment Corp. He does not carry out any important activities. The Company intends to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Northern Star Investment Corp. II was incorporated in 2020 and is based in New York, New York.

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