Virgin Group Acquisition Corp. II (NYSE:VGII – Get Rating) shares were down 1.7% during mid-day trading on Tuesday . The company traded as low as $0.40 and last traded at $0.41. Approximately 316,592 shares traded hands during mid-day trading, an increase of 124% from the average daily volume of 141,126 shares. The stock had previously closed at $0.42.
Virgin Group Acquisition Corp. II Stock Down 1.7 %
The stock has a fifty day simple moving average of $0.46 and a 200-day simple moving average of $1.29.
Get Virgin Group Acquisition Corp. II alerts:Institutional Trading of Virgin Group Acquisition Corp. II
Several institutional investors have recently modified their holdings of the company. Penserra Capital Management LLC grew its holdings in shares of Virgin Group Acquisition Corp. II by 36.5% during the 1st quarter. Penserra Capital Management LLC now owns 5,082 shares of the company's stock worth $50,000 after purchasing an additional 1,359 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Virgin Group Acquisition Corp. II during the 1st quarter worth approximately $142,000. Bank of Montreal Can acquired a new stake in shares of Virgin Group Acquisition Corp. II during the 1st quarter worth approximately $869,000. Aristeia Capital LLC acquired a new stake in shares of Virgin Group Acquisition Corp. II during the 1st quarter worth approximately $986,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Virgin Group Acquisition Corp. II by 69.0% during the 1st quarter. JPMorgan Chase & Co. now owns 828,000 shares of the company's stock worth $8,164,000 after purchasing an additional 338,000 shares in the last quarter. Institutional investors and hedge funds own 93.36% of the company's stock.
About Virgin Group Acquisition Corp. II
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Virgin Group Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. Virgin Group Acquisition Corp. II was incorporated in 2021 and is based in New York, New York.
Further Reading
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