Saba Capital Management L.P. cut its stake in Range Capital Acquisition Corp II (NASDAQ:RNGT – Free Report) by 20.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 575,000 shares of the company’s stock after selling 150,000 shares during the quarter. Saba Capital Management L.P. owned about 1.84% of Range Capital Acquisition Corp II worth $5,750,000 as of its most recent SEC filing.
Separately, Sona Asset Management US LLC bought a new stake in Range Capital Acquisition Corp II in the first quarter worth about $1,096,000.
Range Capital Acquisition Corp II Trading Up 0.3%
Shares of Range Capital Acquisition Corp II stock opened at $10.15 on Tuesday. Range Capital Acquisition Corp II has a 1 year low of $9.90 and a 1 year high of $10.16. The business’s 50-day simple moving average is $10.10.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Range Capital Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Range Capital Acquisition Corp II has an average rating of “Sell”.
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Range Capital Acquisition Corp II Profile
Range Capital Acquisition Corp II is a blank check company.
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