Walleye Capital LLC Takes Position in New Providence Acquisition Corp. II (NASDAQ:NPAB)

Walleye Capital LLC bought a new stake in New Providence Acquisition Corp. II (NASDAQ:NPABGet Rating) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 90,597 shares of the company’s stock, valued at approximately $901,000. Walleye Capital LLC owned about 0.29% of New Providence Acquisition Corp. II at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada purchased a new stake in shares of New Providence Acquisition Corp. II in the first quarter valued at about $148,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of New Providence Acquisition Corp. II in the first quarter valued at about $397,000. Dupont Capital Management Corp purchased a new stake in shares of New Providence Acquisition Corp. II in the first quarter valued at about $496,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of New Providence Acquisition Corp. II in the first quarter valued at about $497,000. Finally, Walleye Trading LLC purchased a new stake in shares of New Providence Acquisition Corp. II in the first quarter valued at about $537,000. Hedge funds and other institutional investors own 65.17% of the company’s stock.

New Providence Acquisition Corp. II Trading Up 0.1 %

Shares of NPAB stock opened at $9.98 on Tuesday. The firm has a 50-day moving average of $9.98 and a 200-day moving average of $9.95. New Providence Acquisition Corp. II has a one year low of $9.55 and a one year high of $10.74.

About New Providence Acquisition Corp. II

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New Providence Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the consumer industry. The company was incorporated in 2020 and is based in Austin, Texas.

Further Reading

Institutional Ownership by Quarter for New Providence Acquisition Corp. II (NASDAQ:NPAB)

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