Fusion Acquisition Corp. II (NYSE:FSNB – Get Rating)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $10.15 and last traded at $10.15, with a volume of 8516 shares trading hands. The stock had previously closed at $10.14.
Fusion Acquisition Corp. II Stock Up 0.1 %
The firm's 50 day simple moving average is $10.08 and its 200 day simple moving average is $9.96.
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A number of large investors have recently added to or reduced their stakes in the business. Penserra Capital Management LLC acquired a new position in Fusion Acquisition Corp. II in the 1st quarter worth approximately $50,000. PenderFund Capital Management Ltd. raised its holdings in Fusion Acquisition Corp. II by 24.4% in the 4th quarter. PenderFund Capital Management Ltd. now owns 8,820 shares of the company's stock worth $120,000 after acquiring an additional 1,730 shares during the period. Two Sigma Investments LP acquired a new stake in Fusion Acquisition Corp. II in the 3rd quarter worth $197,000. Virtu Financial LLC grew its position in Fusion Acquisition Corp. II by 178.7% in the 3rd quarter. Virtu Financial LLC now owns 34,391 shares of the company's stock worth $338,000 after purchasing an additional 22,052 shares during the last quarter. Finally, Elequin Capital LP grew its position in Fusion Acquisition Corp. II by 5.6% in the 3rd quarter. Elequin Capital LP now owns 34,634 shares of the company's stock worth $341,000 after purchasing an additional 1,834 shares during the last quarter. 72.53% of the stock is currently owned by institutional investors.
Fusion Acquisition Corp. II Company Profile
(Get Rating)
Fusion Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to acquire businesses in the wealth, financial advice, investment, and asset management sectors, as well as FinTech sector.
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