Range Capital Acquisition Corp II (NASDAQ:RNGT) Stock Short Interest Report for September

Range Capital Acquisition Corp II (NASDAQ:RNGT) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 358 shares, a decline of 57.3% from the September 15th total of 838 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 46,203 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings raised Range Capital Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Range Capital Acquisition Corp II

Several large investors have recently bought and sold shares of RNGT. Lineage Point Capital LP increased its holdings in shares of Range Capital Acquisition Corp II by 200.0% during the second quarter. Lineage Point Capital LP now owns 735,000 shares of the company’s stock worth $250,000 after buying an additional 490,000 shares in the last quarter. Harraden Circle Investments LLC raised its stake in shares of Range Capital Acquisition Corp II by 40.2% in the 2nd quarter. Harraden Circle Investments LLC now owns 525,177 shares of the company’s stock valued at $179,000 after purchasing an additional 150,651 shares during the period. Rivernorth Capital Management LLC acquired a new stake in shares of Range Capital Acquisition Corp II in the first quarter valued at about $3,995,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Range Capital Acquisition Corp II during the 1st quarter worth approximately $3,000,000. Finally, Sona Asset Management US LLC acquired a new position in shares of Range Capital Acquisition Corp II in the first quarter valued at approximately $1,096,000.

Range Capital Acquisition Corp II Stock Performance

Shares of NASDAQ:RNGT traded down $0.02 on Thursday, reaching $10.18. 126,383 shares of the company’s stock were exchanged, compared to its average volume of 36,939. Range Capital Acquisition Corp II has a fifty-two week low of $9.90 and a fifty-two week high of $10.20. The business has a 50-day simple moving average of $10.17.

Range Capital Acquisition Corp II (NASDAQ:RNGT) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.06 EPS for the quarter.

About Range Capital Acquisition Corp II

Range Capital Acquisition Corp. II is a blank-check company, also known as a special purpose acquisition company (SPAC), organized to pursue a business combination with one or more operating businesses.

The company does not have significant operating activities, products or services of its own. Its primary objective is to identify a suitable merger, acquisition, share exchange, reorganization or similar transaction that would allow a target company to become publicly traded.

Because Range Capital Acquisition Corp.