Range Capital Acquisition Corp II $RNGT Holdings Decreased by Context Capital Management LLC

Context Capital Management LLC decreased its stake in shares of Range Capital Acquisition Corp II (NASDAQ:RNGT) by 33.3% in the 3rd quarter, Holdings Channel reports. The fund owned 150,000 shares of the company’s stock after selling 75,000 shares during the quarter. Context Capital Management LLC’s holdings in Range Capital Acquisition Corp II were worth $1,528,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Wealthspring Capital LLC bought a new stake in Range Capital Acquisition Corp II in the 3rd quarter valued at $3,658,000. Harraden Circle Investments LLC increased its holdings in Range Capital Acquisition Corp II by 40.2% during the 2nd quarter. Harraden Circle Investments LLC now owns 525,177 shares of the company’s stock worth $179,000 after purchasing an additional 150,651 shares in the last quarter. Lineage Point Capital LP increased its holdings in Range Capital Acquisition Corp II by 200.0% during the 2nd quarter. Lineage Point Capital LP now owns 735,000 shares of the company’s stock worth $250,000 after purchasing an additional 490,000 shares in the last quarter. Rivernorth Capital Management LLC bought a new position in Range Capital Acquisition Corp II during the 1st quarter worth about $3,995,000. Finally, Sona Asset Management US LLC acquired a new stake in shares of Range Capital Acquisition Corp II in the 1st quarter valued at about $1,096,000.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Range Capital Acquisition Corp II in a report on Friday, October 30th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has an average rating of “Sell”.

Range Capital Acquisition Corp II Stock Performance

NASDAQ RNGT opened at $10.26 on Wednesday. Range Capital Acquisition Corp II has a 12-month low of $9.90 and a 12-month high of $10.21. The firm has a 50 day simple moving average of $10.19.

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

About Range Capital Acquisition Corp II

Range Capital Acquisition Corp II (NASDAQ:RNGT) is a special purpose acquisition company, or SPAC. The company was formed to pursue a business combination, such as a merger, acquisition, share exchange, or similar transaction, with one or more operating businesses. Unlike an operating company, Range Capital Acquisition Corp II does not appear to manufacture products or provide ongoing commercial services of its own. Its activities primarily involve identifying a suitable target company, conducting due diligence and negotiations, and completing a transaction that would allow the target business to become publicly traded.