Flow Traders U.S. LLC Makes New Investment in CIIG Capital Partners II, Inc. (OTCMKTS:CIIG)

Flow Traders U.S. LLC purchased a new position in shares of CIIG Capital Partners II, Inc. (OTCMKTS:CIIG – Get Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,944 shares of the company’s stock, valued at approximately $109,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CIIG. Bank of America Corp DE acquired a new stake in CIIG Capital Partners II in the 1st quarter valued at about $7,936,000. Cantor Fitzgerald L. P. increased its stake in shares of CIIG Capital Partners II by 136.0% in the third quarter. Cantor Fitzgerald L. P. now owns 347,083 shares of the company’s stock worth $3,443,000 after buying an additional 200,000 shares during the last quarter. Bank of Montreal Can acquired a new position in CIIG Capital Partners II in the second quarter worth $1,030,000. CSS LLC IL acquired a new position in shares of CIIG Capital Partners II during the second quarter valued at $960,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of CIIG Capital Partners II during the third quarter valued at about $525,000. Institutional investors and hedge funds own 70.03% of the company’s stock.

CIIG Capital Partners II Stock Performance

Shares of CIIG Capital Partners II stock opened at $10.30 on Friday. CIIG Capital Partners II, Inc. has a 1-year low of $9.81 and a 1-year high of $10.98. The firm has a fifty day simple moving average of $10.25 and a 200-day simple moving average of $10.10.

About CIIG Capital Partners II

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CIIG Capital Partners II, Inc does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, and telecommunications industries, as well as companies with business models that are enabled by technology.