Sizzle Acquisition Corp. II (NASDAQ:SZZL) Short Interest Up 4,447.9% in April

Sizzle Acquisition Corp. II (NASDAQ:SZZL) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 30,380 shares, a growth of 4,447.9% from the March 31st total of 668 shares. Based on an average daily volume of 289,997 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Sizzle Acquisition Corp. II

Institutional investors and hedge funds have recently made changes to their positions in the company. Meteora Capital LLC bought a new stake in shares of Sizzle Acquisition Corp. II during the fourth quarter valued at approximately $592,000. PenderFund Capital Management Ltd. bought a new stake in shares of Sizzle Acquisition Corp. II during the fourth quarter valued at approximately $443,000. Parallax Volatility Advisers L.P. bought a new stake in shares of Sizzle Acquisition Corp. II during the third quarter valued at approximately $806,000. Radcliffe Capital Management L.P. bought a new stake in shares of Sizzle Acquisition Corp. II during the second quarter valued at approximately $4,827,000. Finally, Moore Capital Management LP bought a new stake in shares of Sizzle Acquisition Corp. II during the second quarter valued at approximately $2,010,000.

Sizzle Acquisition Corp. II Price Performance

Shares of SZZL opened at $10.30 on Friday. The firm has a 50 day moving average of $10.26 and a 200 day moving average of $10.21. Sizzle Acquisition Corp. II has a twelve month low of $9.21 and a twelve month high of $10.50.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sizzle Acquisition Corp. II in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Sizzle Acquisition Corp. II Company Profile

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.