P Schoenfeld Asset Management LP Sells 3,172 Shares of Gores Metropoulos II, Inc. (OTCMKTS:GMIIU)

P Schoenfeld Asset Management LP reduced its holdings in shares of Gores Metropoulos II, Inc. (OTCMKTS:GMIIU) by 4.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 71,017 shares of the company’s stock after selling 3,172 shares during the period. P Schoenfeld Asset Management LP’s holdings in Gores Metropoulos II were worth $721,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Ratan Capital Management LP purchased a new position in shares of Gores Metropoulos II in the 1st quarter valued at $3,030,000. Davidson Kempner Capital Management LP purchased a new stake in Gores Metropoulos II during the 1st quarter valued at about $7,177,000. Arena Capital Advisors LLC CA acquired a new position in shares of Gores Metropoulos II in the 1st quarter valued at about $2,430,000. Citadel Advisors LLC acquired a new position in shares of Gores Metropoulos II in the 1st quarter valued at about $172,000. Finally, Gillson Capital LP acquired a new position in Gores Metropoulos II in the 1st quarter worth about $397,000.

OTCMKTS:GMIIU traded up $0.04 during trading hours on Monday, hitting $10.30. 8,912 shares of the stock were exchanged, compared to its average volume of 214,774. The firm’s fifty day moving average price is $10.16 and its 200 day moving average price is $10.18. Gores Metropoulos II, Inc. has a 52-week low of $9.81 and a 52-week high of $11.70.

About Gores Metropoulos II

Gores Metropoulos II, Inc focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Boulder, Colorado.

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Institutional Ownership by Quarter for Gores Metropoulos II (OTCMKTS:GMIIU)

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