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G Squared Ascend II (NYSE:GSQB) Stock Price Down 0.2%

Defense World ·  Sep 24, 2022 01:51

G Squared Ascend II Inc. (NYSE:GSQB – Get Rating)'s stock price traded down 0.2% during trading on Friday . The stock traded as low as $9.91 and last traded at $9.91. 1,827 shares changed hands during trading, a decline of 96% from the average session volume of 43,097 shares. The stock had previously closed at $9.93.

G Squared Ascend II Trading Down 0.2 %

The company's 50 day moving average price is $9.89 and its 200 day moving average price is $9.84.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GSQB. Bank of Montreal Can acquired a new position in G Squared Ascend II during the second quarter valued at $2,476,000. Oribel Capital Management LP acquired a new position in G Squared Ascend II during the first quarter valued at $972,000. Finally, Exos Asset Management LLC lifted its position in G Squared Ascend II by 3.4% during the first quarter. Exos Asset Management LLC now owns 61,779 shares of the company's stock valued at $607,000 after purchasing an additional 2,059 shares during the period.

About G Squared Ascend II

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G Squared Ascend II Inc does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus its search on companies operating in the software-as-a service, online marketplaces, mobility 2.0/logistics, FinTech/InsurTech, new age media, and sustainability.

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