Rivernorth Capital Management LLC Buys New Holdings in Range Capital Acquisition Corp II $RNGT

Rivernorth Capital Management LLC purchased a new position in Range Capital Acquisition Corp II (NASDAQ:RNGT) in the first quarter, Holdings Channel reports. The fund purchased 399,512 shares of the company’s stock, valued at approximately $3,995,000.

Separately, Sona Asset Management US LLC acquired a new stake in shares of Range Capital Acquisition Corp II in the 1st quarter valued at $1,096,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Range Capital Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Range Capital Acquisition Corp II Trading Down 0.1%

Shares of NASDAQ RNGT opened at $10.11 on Wednesday. The stock’s 50-day simple moving average is $10.10. Range Capital Acquisition Corp II has a fifty-two week low of $9.90 and a fifty-two week high of $10.16.

Range Capital Acquisition Corp II (NASDAQ:RNGT) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Range Capital Acquisition Corp II Company Profile

Range Capital Acquisition Corp II is a blank check company.