Oyster Enterprises II Acquisition Corp (NASDAQ:OYSEU – Get Free Report)’s share price rose 1.7% on Monday . The company traded as high as $10.45 and last traded at $10.45. Approximately 100 shares changed hands during trading, a decline of 100% from the average daily volume of 124,358 shares. The stock had previously closed at $10.28.
Oyster Enterprises II Acquisition Price Performance
The business’s 50 day moving average is $10.32 and its 200-day moving average is $10.26.
Hedge Funds Weigh In On Oyster Enterprises II Acquisition
Several hedge funds and other institutional investors have recently modified their holdings of OYSEU. Gritstone Asset Management LLC bought a new stake in shares of Oyster Enterprises II Acquisition during the 2nd quarter worth $506,000. Tuttle Capital Management LLC acquired a new position in Oyster Enterprises II Acquisition during the second quarter worth about $101,000. Wolverine Asset Management LLC acquired a new position in Oyster Enterprises II Acquisition during the second quarter worth about $330,000. Wealthspring Capital LLC bought a new position in shares of Oyster Enterprises II Acquisition in the second quarter worth about $759,000. Finally, MMCAP International Inc. SPC acquired a new stake in shares of Oyster Enterprises II Acquisition in the 2nd quarter valued at approximately $2,024,000.
About Oyster Enterprises II Acquisition
Oyster Enterprises II Acquisition (NASDAQ: OYSEU) is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more operating businesses. As a blank‐check vehicle, the company was organized under the laws of the Cayman Islands with the sole purpose of identifying and completing a transaction with a target that will enhance shareholder value.
Upon its initial public offering, Oyster Enterprises II Acquisition issued units consisting of one ordinary share and one‐half warrant.
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