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Rice Acquisition Corp. II (NYSE:RONI) Stock Price Up 0.1%

Defense World ·  Oct 29, 2022 02:22

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.

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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

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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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