Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New $4.11 Million Investment in Sizzle Acquisition Corp. II $SZZL

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Sizzle Acquisition Corp. II (NASDAQ:SZZL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 400,000 shares of the company’s stock, valued at approximately $4,112,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lineage Point Capital LP bought a new stake in shares of Sizzle Acquisition Corp. II in the fourth quarter worth about $254,000. Rivernorth Capital Management LLC lifted its holdings in shares of Sizzle Acquisition Corp. II by 25.2% during the 4th quarter. Rivernorth Capital Management LLC now owns 497,500 shares of the company’s stock valued at $5,055,000 after purchasing an additional 100,000 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Sizzle Acquisition Corp. II by 1.8% during the 4th quarter. Millennium Management LLC now owns 712,500 shares of the company’s stock valued at $7,239,000 after purchasing an additional 12,500 shares in the last quarter. Meteora Capital LLC acquired a new position in shares of Sizzle Acquisition Corp. II in the 4th quarter valued at approximately $592,000. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Sizzle Acquisition Corp. II in the 4th quarter valued at approximately $443,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Sizzle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Sizzle Acquisition Corp. II Stock Up 0.1%

Shares of NASDAQ SZZL opened at $10.39 on Thursday. The company has a fifty day moving average price of $10.35 and a 200 day moving average price of $10.28. Sizzle Acquisition Corp. II has a 1-year low of $9.21 and a 1-year high of $10.50.

Sizzle Acquisition Corp. II (NASDAQ:SZZL) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

About Sizzle Acquisition Corp. II

Sizzle Acquisition Corp. does not have significant operations. The company intends to focus on entering into merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries. The company was incorporated in 2020 and is based in Washington, the District of Columbia.