Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB – Get Rating) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 156,800 shares, a growth of 65.4% from the September 30th total of 94,800 shares. Based on an average trading volume of 112,000 shares, the short-interest ratio is presently 1.4 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Condor Capital Management bought a new position in Social Capital Suvretta Holdings Corp. II in the 1st quarter worth approximately $78,000. Cubist Systematic Strategies LLC bought a new position in Social Capital Suvretta Holdings Corp. II in the 2nd quarter worth approximately $111,000. UBS Group AG bought a new position in Social Capital Suvretta Holdings Corp. II in the 1st quarter worth approximately $154,000. Centiva Capital LP bought a new position in Social Capital Suvretta Holdings Corp. II in the 2nd quarter worth approximately $156,000. Finally, Wolverine Asset Management LLC boosted its holdings in Social Capital Suvretta Holdings Corp. II by 65.6% in the 1st quarter. Wolverine Asset Management LLC now owns 23,738 shares of the company's stock worth $231,000 after buying an additional 9,400 shares during the period. 89.63% of the stock is owned by institutional investors.

Social Capital Suvretta Holdings Corp. II Price Performance

Social Capital Suvretta Holdings Corp. II stock opened at $9.90 on Friday. Social Capital Suvretta Holdings Corp. II has a twelve month low of $9.60 and a twelve month high of $10.01. The firm has a 50 day moving average price of $9.82 and a 200-day moving average price of $9.76.

Social Capital Suvretta Holdings Corp. II Company Profile

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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