Range Capital Acquisition Corp II $RNGT Shares Purchased by Lineage Point Capital LP

Lineage Point Capital LP boosted its stake in shares of Range Capital Acquisition Corp II (NASDAQ:RNGT) by 200.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 735,000 shares of the company’s stock after acquiring an additional 490,000 shares during the period. Lineage Point Capital LP’s holdings in Range Capital Acquisition Corp II were worth $250,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sona Asset Management US LLC purchased a new position in shares of Range Capital Acquisition Corp II in the 1st quarter valued at about $1,096,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Range Capital Acquisition Corp II during the first quarter worth about $3,000,000. Finally, Rivernorth Capital Management LLC purchased a new stake in shares of Range Capital Acquisition Corp II in the 1st quarter valued at approximately $3,995,000.

Range Capital Acquisition Corp II Trading Up 0.2%

Shares of Range Capital Acquisition Corp II stock opened at $10.18 on Friday. Range Capital Acquisition Corp II has a 1 year low of $9.90 and a 1 year high of $10.18. The stock’s fifty day simple moving average is $10.14.

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

Analysts Set New Price Targets

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

Range Capital Acquisition Corp II Company Profile

Range Capital Acquisition Corp II is a blank check company.