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Rice Acquisition Corp. II (NYSE:RONI) Hits New 1-Year High at $10.37

Defense World ·  Dec 16, 2022 03:32

Rice Acquisition Corp. II (NYSE:RONI – Get Rating) hit a new 52-week high on Wednesday . The company traded as high as $10.37 and last traded at $10.37, with a volume of 9131 shares changing hands. The stock had previously closed at $10.14.

Rice Acquisition Corp. II Trading Up 0.3 %

The stock has a 50-day simple moving average of $9.97 and a two-hundred day simple moving average of $9.86.

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Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RONI. Barclays PLC purchased a new position in Rice Acquisition Corp. II during the third quarter worth approximately $255,000. Virtu Financial LLC increased its holdings in shares of 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 acquiring an additional 10,656 shares during the last quarter. Weiss Asset Management LP purchased a new stake in shares of Rice Acquisition Corp. II in the 3rd quarter valued at about $349,000. Centiva Capital LP purchased a new stake in Rice Acquisition Corp. II during the 2nd quarter valued at approximately $423,000. Finally, Bulldog Investors LLP purchased a new position in shares of Rice Acquisition Corp. II during the 2nd quarter worth approximately $439,000. 22.02% of the stock is owned by institutional investors and hedge funds.

About Rice Acquisition Corp. II

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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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