Trine II Acquisition (NYSE:TRAQ) Hits New 12-Month High at $10.02

Trine II Acquisition Corp. (NYSE:TRAQGet Rating)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $10.02 and last traded at $9.94, with a volume of 805 shares trading hands. The stock had previously closed at $9.95.

The stock has a fifty day moving average price of $9.93.

Several hedge funds have recently made changes to their positions in TRAQ. Royal Bank of Canada purchased a new stake in shares of Trine II Acquisition during the first quarter worth about $2,997,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Trine II Acquisition during the 1st quarter worth approximately $498,000. Picton Mahoney Asset Management acquired a new position in shares of Trine II Acquisition during the first quarter valued at approximately $5,988,000. Finally, Karpus Management Inc. purchased a new position in shares of Trine II Acquisition in the first quarter valued at approximately $2,488,000. 38.72% of the stock is owned by institutional investors and hedge funds.

Trine II Acquisition Company Profile (NYSE:TRAQ)

Trine II Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

Read More

Receive News & Ratings for Trine II Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trine II Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.