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

Range Capital Acquisition Corp II (NASDAQ:RNGT) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 358 shares, a drop of 57.3% from the September 15th total of 838 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 46,203 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Range Capital Acquisition Corp II Stock Down 0.0%

Shares of NASDAQ:RNGT traded down $0.01 during midday trading on Tuesday, hitting $10.20. The company had a trading volume of 19,010 shares, compared to its average volume of 36,282. Range Capital Acquisition Corp II has a 12 month low of $9.90 and a 12 month high of $10.20. The business has a fifty day moving average of $10.16.

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.

Hedge Funds Weigh In On Range Capital Acquisition Corp II

Several institutional investors have recently modified their holdings of RNGT. Sona Asset Management US LLC bought a new stake 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 bought a new position in Range Capital Acquisition Corp II during the 1st quarter worth approximately $3,000,000. Rivernorth Capital Management LLC bought a new position in Range Capital Acquisition Corp II during the 1st quarter worth approximately $3,995,000. Harraden Circle Investments LLC grew its holdings in Range Capital Acquisition Corp II by 40.2% during the second 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. Finally, Lineage Point Capital LP grew its holdings in 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 valued at $250,000 after purchasing an additional 490,000 shares during the period.

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.