Shares of Rice Acquisition Corp. II (NYSE:RONI – Get Rating) rose 0.1% on Friday . The company traded as high as $9.96 and last traded at $9.96. Approximately 99,872 shares were traded during trading, an increase of 36% from the average daily volume of 73,292 shares. The stock had previously closed at $9.95.

Rice Acquisition Corp. II Trading Up 0.1 %

The business's fifty day simple moving average is $9.86 and its two-hundred day simple moving average is $9.82.

Hedge Funds Weigh In On Rice Acquisition Corp. II

Hedge funds have recently modified their holdings of the business. SailingStone Capital Partners LLC purchased a new position in shares of Rice Acquisition Corp. II during the second quarter worth approximately $45,000. Virtu Financial LLC grew its position in Rice Acquisition Corp. II by 44.9% in the 2nd quarter. Virtu Financial LLC now owns 34,369 shares of the company's stock valued at $335,000 after buying an additional 10,656 shares during the last quarter. Centiva Capital LP purchased a new position in Rice Acquisition Corp. II in the 2nd quarter valued at $423,000. Bulldog Investors LLP purchased a new position in Rice Acquisition Corp. II in the 2nd quarter valued at $439,000. Finally, Bank of Montreal Can purchased a new position in Rice Acquisition Corp. II in the 2nd quarter valued at $904,000. 22.02% of the stock is currently owned by hedge funds and other institutional investors.

Rice Acquisition Corp. II Company Profile

Rice Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Carnegie, Pennsylvania.

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