Sizzle Acquisition Corp. II (NASDAQ:SZZL) Trading Up 0.1% – Here’s What Happened

Shares of Sizzle Acquisition Corp. II (NASDAQ:SZZLGet Free Report) traded up 0.1% on Wednesday . The company traded as high as $10.50 and last traded at $10.47. Approximately 432 shares were traded during trading, a decline of 100% from the average daily volume of 106,870 shares. The stock had previously closed at $10.46.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a report on Thursday, August 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Check Out Our Latest Report on Sizzle Acquisition Corp. II

Sizzle Acquisition Corp. II Price Performance

The stock has a fifty day moving average of $10.40 and a 200-day moving average of $10.33.

Sizzle Acquisition Corp. II (NASDAQ:SZZLGet Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.06 earnings per share for the quarter.

Institutional Investors Weigh In On Sizzle Acquisition Corp. II

A number of institutional investors and hedge funds have recently bought and sold shares of SZZL. Sona Asset Management US LLC acquired a new position in Sizzle Acquisition Corp. II in the first quarter valued at $1,040,000. Rangeley Capital LLC acquired a new stake in shares of Sizzle Acquisition Corp. II during the first quarter worth about $103,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Sizzle Acquisition Corp. II during the first quarter worth about $4,112,000. Lineage Point Capital LP purchased a new stake in shares of Sizzle Acquisition Corp. II in the 4th quarter valued at about $254,000. Finally, Rivernorth Capital Management LLC lifted its holdings in shares of Sizzle Acquisition Corp. II by 25.2% in the 4th quarter. Rivernorth Capital Management LLC now owns 497,500 shares of the company’s stock valued at $5,055,000 after purchasing an additional 100,000 shares during the last quarter.

Sizzle Acquisition Corp. II Company Profile

(Get Free Report)

Sizzle Acquisition Corp. does not have significant operations. The company intends to focus on entering into merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries. The company was incorporated in 2020 and is based in Washington, the District of Columbia.

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