Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB) Short Interest Update

Social Capital Suvretta Holdings Corp. II (NASDAQ:DNABGet Rating) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 2,600 shares, a drop of 49.0% from the March 31st total of 5,100 shares. Based on an average trading volume of 90,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley acquired a new position in shares of Social Capital Suvretta Holdings Corp. II in the second quarter valued at $80,393,000. Dupont Capital Management Corp boosted its holdings in Social Capital Suvretta Holdings Corp. II by 31.6% in the 3rd quarter. Dupont Capital Management Corp now owns 100,000 shares of the company’s stock valued at $988,000 after purchasing an additional 24,000 shares during the period. Citigroup Inc. acquired a new position in shares of Social Capital Suvretta Holdings Corp. II during the 3rd quarter worth approximately $492,000. Bulldog Investors LLP bought a new position in shares of Social Capital Suvretta Holdings Corp. II during the third quarter worth approximately $1,692,000. Finally, Sculptor Capital LP increased its stake in Social Capital Suvretta Holdings Corp. II by 55.7% during the 3rd quarter. Sculptor Capital LP now owns 1,167,587 shares of the company’s stock worth $11,535,000 after acquiring an additional 417,587 shares during the period. 94.71% of the stock is owned by institutional investors.

NASDAQ:DNAB traded down $0.01 during mid-day trading on Friday, hitting $9.72. The stock had a trading volume of 2,907 shares, compared to its average volume of 114,701. Social Capital Suvretta Holdings Corp. II has a twelve month low of $9.60 and a twelve month high of $10.35. The company’s 50 day simple moving average is $9.71 and its 200 day simple moving average is $9.79.

Social Capital Suvretta Holdings Corp. II Company Profile (Get Rating)

Social Capital Suvretta Holdings Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in biotechnology industry. The company was incorporated in 2021 and is based in Henderson, Nevada.

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