Shares of Rice Acquisition Corp. II (NYSE:RONI – Get Rating) fell 0.3% on Friday . The stock traded as low as $10.16 and last traded at $10.16. 168,660 shares were traded during mid-day trading, a decline of 54% from the average session volume of 365,390 shares. The stock had previously closed at $10.19.
Rice Acquisition Corp. II Stock Down 0.3 %
The stock's 50 day moving average is $10.07 and its two-hundred day moving average is $9.91.
Get Rice Acquisition Corp. II alerts:Hedge Funds Weigh In On Rice Acquisition Corp. II
Institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SNC purchased a new position in shares of Rice Acquisition Corp. II in the 3rd quarter valued at $9,930,000. RP Investment Advisors LP raised its holdings in Rice Acquisition Corp. II by 609.3% in the first quarter. RP Investment Advisors LP now owns 821,428 shares of the company's stock worth $8,099,000 after purchasing an additional 705,616 shares in the last quarter. Mangrove Partners lifted its position in shares of Rice Acquisition Corp. II by 37.7% during the third quarter. Mangrove Partners now owns 449,270 shares of the company's stock valued at $4,425,000 after buying an additional 122,977 shares during the last quarter. SailingStone Capital Partners LLC bought a new stake in shares of Rice Acquisition Corp. II in the 2nd quarter valued at about $45,000. Finally, Bank of Montreal Can purchased a new position in shares of Rice Acquisition Corp. II in the 2nd quarter worth approximately $904,000. 22.49% of the stock is owned by hedge funds and other institutional investors.
Rice Acquisition Corp. II Company Profile
(Get Rating)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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