Moore Capital Management LP Purchases New Position in RRE Ventures Acquisition Corp. $RREV

Moore Capital Management LP acquired a new position in RRE Ventures Acquisition Corp. (NASDAQ:RREV – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 250,000 shares of the company’s stock, valued at approximately $2,468,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on RRE Ventures Acquisition in a report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

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RRE Ventures Acquisition Price Performance

Shares of NASDAQ RREV opened at $9.92 on Tuesday. The firm’s 50 day simple moving average is $9.90. RRE Ventures Acquisition Corp. has a fifty-two week low of $9.86 and a fifty-two week high of $9.94.

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Want to see what other hedge funds are holding RREV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RRE Ventures Acquisition Corp. (NASDAQ:RREV – Free Report).

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