Rice Acquisition Corp. II (NYSE:RONI) Short Interest Down 37.5% in April

Rice Acquisition Corp. II (NYSE:RONIGet Rating) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 15,700 shares, a decrease of 37.5% from the April 15th total of 25,100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 69,200 shares, the short-interest ratio is currently 0.2 days.

Shares of NYSE RONI opened at $9.81 on Friday. Rice Acquisition Corp. II has a 12-month low of $9.69 and a 12-month high of $10.75. The stock’s fifty day simple moving average is $9.84 and its two-hundred day simple moving average is $9.92.

Hedge funds have recently modified their holdings of the stock. Walleye Trading LLC bought a new stake in Rice Acquisition Corp. II during the fourth quarter valued at about $180,000. Walleye Capital LLC acquired a new stake in shares of Rice Acquisition Corp. II during the fourth quarter worth about $317,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Rice Acquisition Corp. II during the third quarter worth about $496,000. Sage Rock Capital Management LP acquired a new stake in shares of Rice Acquisition Corp. II during the fourth quarter worth about $2,653,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Rice Acquisition Corp. II by 16.0% during the third quarter. HighTower Advisors LLC now owns 487,776 shares of the company’s stock worth $4,840,000 after purchasing an additional 67,161 shares during the period. 17.60% of the stock is currently owned by 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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