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Arena Capital Advisors LLC CA Sells 77,861 Shares of VectoIQ Acquisition Corp. II (NASDAQ:VTIQ)

Financial News Live ·  Nov 12, 2022 04:21

Arena Capital Advisors LLC CA lowered its stake in shares of VectoIQ Acquisition Corp. II (NASDAQ:VTIQ – Get Rating) by 63.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,824 shares of the company's stock after selling 77,861 shares during the period. Arena Capital Advisors LLC CA owned approximately 0.10% of VectoIQ Acquisition Corp. II worth $450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Gabelli Funds LLC grew its holdings in VectoIQ Acquisition Corp. II by 16.3% during the first quarter. Gabelli Funds LLC now owns 87,599 shares of the company's stock valued at $861,000 after purchasing an additional 12,299 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in shares of VectoIQ Acquisition Corp. II by 117.4% in the 1st quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 162,401 shares of the company's stock valued at $1,596,000 after buying an additional 87,701 shares during the period. Radcliffe Capital Management L.P. increased its position in shares of VectoIQ Acquisition Corp. II by 35.6% in the 1st quarter. Radcliffe Capital Management L.P. now owns 186,613 shares of the company's stock valued at $1,834,000 after buying an additional 49,022 shares in the last quarter. Kohlberg Kravis Roberts & Co. L.P. raised its stake in VectoIQ Acquisition Corp. II by 230.1% during the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 268,513 shares of the company's stock worth $2,639,000 after buying an additional 187,168 shares during the period. Finally, Aristeia Capital LLC bought a new position in VectoIQ Acquisition Corp. II during the first quarter worth about $1,444,000. 59.05% of the stock is currently owned by institutional investors and hedge funds.

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VectoIQ Acquisition Corp. II Stock Up 0.3 %

Shares of VectoIQ Acquisition Corp. II stock traded up $0.03 during trading hours on Friday, hitting $10.03. The company's stock had a trading volume of 400 shares, compared to its average volume of 204,868. The stock has a 50 day moving average of $9.91 and a 200 day moving average of $9.85. VectoIQ Acquisition Corp. II has a 12 month low of $9.71 and a 12 month high of $10.02.

VectoIQ Acquisition Corp. II Company Profile

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VectoIQ Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus its search on the industrial technology, transportation, and smart mobility industries.

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