Northern Star Investment Corp. II (NYSE:NSTB) Upgraded by Royal Bank of Canada to Moderate Buy

Royal Bank of Canada upgraded shares of Northern Star Investment Corp. II (NYSE:NSTB) to a moderate buy rating in a research report released on Monday morning, Zacks.com reports.

Northern Star Investment Corp. II Price Performance

Shares of NYSE NSTB opened at $0.00 on Monday. The firm’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $4.20. Northern Star Investment Corp. II has a 12 month low of $0.00 and a 12 month high of $10.70.

Institutional Trading of Northern Star Investment Corp. II

An institutional investor recently raised its position in Northern Star Investment Corp. II stock. Mizuho Securities USA LLC lifted its stake in shares of Northern Star Investment Corp. II (NYSE:NSTB) by 28.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 64,079 shares of the company’s stock after buying an additional 14,079 shares during the quarter. Mizuho Securities USA LLC owned approximately 0.55% of Northern Star Investment Corp. II worth $654,000 at the end of the most recent reporting period. 10.43% of the stock is currently owned by institutional investors and hedge funds.

About Northern Star Investment Corp. II

Northern Star Investment Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.