CIIG Capital Partners II (OTCMKTS:CIIG) Trading Up 3.3%

CIIG Capital Partners II, Inc. (OTCMKTS:CIIG)’s stock price traded up 3.3% on Tuesday . The company traded as high as $10.47 and last traded at $8.75. 2,530,600 shares were traded during mid-day trading, an increase of 630% from the average session volume of 346,450 shares. The stock had previously closed at $8.47.

CIIG Capital Partners II Stock Up 3.3 %

The stock’s 50 day moving average price is $8.75 and its two-hundred day moving average price is $8.75.

Institutional Trading of CIIG Capital Partners II

A number of hedge funds and other institutional investors have recently made changes to their positions in CIIG. Schonfeld Strategic Advisors LLC grew its position in CIIG Capital Partners II by 55.6% during the first quarter. Schonfeld Strategic Advisors LLC now owns 19,911 shares of the company’s stock valued at $207,000 after buying an additional 7,112 shares during the period. Glazer Capital LLC grew its position in CIIG Capital Partners II by 77.8% during the fourth quarter. Glazer Capital LLC now owns 20,985 shares of the company’s stock valued at $214,000 after buying an additional 9,180 shares during the period. SkyView Investment Advisors LLC acquired a new stake in CIIG Capital Partners II during the first quarter valued at $260,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in CIIG Capital Partners II during the first quarter valued at $343,000. Finally, Goldman Sachs Group Inc. purchased a new position in CIIG Capital Partners II during the first quarter valued at $445,000. Institutional investors and hedge funds own 70.03% of the company’s stock.

CIIG Capital Partners II Company Profile

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.