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

Lineage Point Capital LP lifted its stake in shares of Range Capital Acquisition Corp II (NASDAQ:RNGT) by 200.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 735,000 shares of the company’s stock after purchasing an additional 490,000 shares during the period. Lineage Point Capital LP owned 2.35% of Range Capital Acquisition Corp II worth $250,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Sona Asset Management US LLC acquired a new position in Range Capital Acquisition Corp II during the first quarter worth $1,096,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Range Capital Acquisition Corp II during the 1st quarter worth $3,000,000. Finally, Rivernorth Capital Management LLC purchased a new position in shares of Range Capital Acquisition Corp II during the 1st quarter worth $3,995,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of 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 MarketBeat, the stock currently has an average rating of “Sell”.

Range Capital Acquisition Corp II Stock Up 0.2%

Shares of RNGT stock opened at $10.18 on Friday. The stock’s 50-day moving average is $10.14. Range Capital Acquisition Corp II has a 1-year low of $9.90 and a 1-year high of $10.18.

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

Range Capital Acquisition Corp II Company Profile

Range Capital Acquisition Corp II is a blank check company.