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2022-12-29 17:32
Fusion Acquisition Corp. II (NYSE:FSNB – Get Rating)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $10.00 and last traded at $10.00, with a volume of 2100 shares traded. The stock had previously closed at $9.99.
The business's fifty day simple moving average is $9.95 and its 200 day simple moving average is $9.87.
Get Fusion Acquisition Corp. II alerts:Hedge funds have recently added to or reduced their stakes in the stock. CSS LLC IL bought a new stake in Fusion Acquisition Corp. II during the 2nd quarter worth about $782,000. Bank of Montreal Can grew its holdings in Fusion Acquisition Corp. II by 1,400.0% during the 2nd quarter. Bank of Montreal Can now owns 750,000 shares of the company's stock worth $7,358,000 after acquiring an additional 700,000 shares during the last quarter. Dark Forest Capital Management LP grew its holdings in Fusion Acquisition Corp. II by 4.8% during the 2nd quarter. Dark Forest Capital Management LP now owns 422,615 shares of the company's stock worth $4,145,000 after acquiring an additional 19,195 shares during the last quarter. Hudson Bay Capital Management LP grew its holdings in Fusion Acquisition Corp. II by 15.3% during the 2nd quarter. Hudson Bay Capital Management LP now owns 1,424,857 shares of the company's stock worth $13,978,000 after acquiring an additional 189,300 shares during the last quarter. Finally, Penserra Capital Management LLC bought a new stake in Fusion Acquisition Corp. II during the 1st quarter worth about $50,000. Institutional investors own 72.53% of the company's stock.
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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