Short Interest in Rice Acquisition Corp. II (NYSE:RONI) Increases By 66.2%

Rice Acquisition Corp. II (NYSE:RONIGet Rating) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 25,100 shares, an increase of 66.2% from the March 31st total of 15,100 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 71,300 shares, the days-to-cover ratio is currently 0.4 days.

Shares of Rice Acquisition Corp. II stock traded down $0.05 during midday trading on Friday, hitting $9.82. The company had a trading volume of 7,122 shares, compared to its average volume of 84,154. The company has a fifty day simple moving average of $9.84 and a 200 day simple moving average of $9.92. Rice Acquisition Corp. II has a 12-month low of $9.69 and a 12-month high of $10.75.

Institutional investors have recently made changes to their positions in the stock. Walleye Trading LLC purchased a new position in shares of Rice Acquisition Corp. II in the 4th quarter valued at approximately $180,000. Walleye Capital LLC acquired a new position in Rice Acquisition Corp. II in the 4th quarter worth approximately $317,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Rice Acquisition Corp. II in the 3rd quarter worth approximately $496,000. Sage Rock Capital Management LP acquired a new position in Rice Acquisition Corp. II in the 4th quarter worth approximately $2,653,000. Finally, HighTower Advisors LLC increased its holdings in Rice Acquisition Corp. II by 16.0% in the 3rd quarter. HighTower Advisors LLC now owns 487,776 shares of the company’s stock worth $4,840,000 after buying an additional 67,161 shares during the period. 12.55% of the stock is owned by hedge funds and other institutional investors.

Rice Acquisition Corp. II Company Profile (Get Rating)

Rice Acquisition Corp. II is a special purpose acquisition company. It was incorporated in 2021 and is based in Carnegie, Pennsylvania.

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