Northern Star Investment Corp. II (NYSE:NSTB – Get Rating) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 35,000 shares, a decrease of 28.1% from the October 15th total of 48,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 143,200 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Northern Star Investment Corp. II

Several institutional investors have recently bought and sold shares of the company. Privium Fund Management UK Ltd purchased a new stake in shares of Northern Star Investment Corp. II during the first quarter worth $504,000. Basso Capital Management L.P. purchased a new stake in shares of Northern Star Investment Corp. II during the first quarter worth $554,000. Verition Fund Management LLC lifted its position in shares of Northern Star Investment Corp. II by 201.5% during the first quarter. Verition Fund Management LLC now owns 748,153 shares of the company's stock worth $7,316,000 after acquiring an additional 500,000 shares in the last quarter. Sculptor Capital LP lifted its position in shares of Northern Star Investment Corp. II by 734.1% during the first quarter. Sculptor Capital LP now owns 1,289,198 shares of the company's stock worth $12,609,000 after acquiring an additional 1,134,640 shares in the last quarter. Finally, Berkley W R Corp lifted its position in shares of Northern Star Investment Corp. II by 9.5% during the first quarter. Berkley W R Corp now owns 288,434 shares of the company's stock worth $2,821,000 after acquiring an additional 25,000 shares in the last quarter. Hedge funds and other institutional investors own 83.41% of the company's stock.

Northern Star Investment Corp. II Price Performance

Northern Star Investment Corp. II stock traded up $0.02 during trading on Friday, hitting $9.97. The stock had a trading volume of 88,228 shares, compared to its average volume of 52,577. Northern Star Investment Corp. II has a 1 year low of $9.67 and a 1 year high of $9.99. The stock's 50 day moving average is $9.90 and its two-hundred day moving average is $9.85.

Northern Star Investment Corp. II Company Profile

Northern Star Investment Corp. II does not have significant operations. The company intends to effect 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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