Shares of Ross Acquisition Corp II (NYSE:ROSS – Get Rating) rose 0.1% on Thursday . The company traded as high as $9.85 and last traded at $9.85. Approximately 37,883 shares traded hands during trading, a decline of 28% from the average daily volume of 52,625 shares. The stock had previously closed at $9.84.

Ross Acquisition Corp II Stock Performance

The stock's 50 day moving average is $9.82 and its two-hundred day moving average is $9.79.

Institutional Trading of Ross Acquisition Corp II

A number of large investors have recently made changes to their positions in ROSS. Penserra Capital Management LLC boosted its holdings in Ross Acquisition Corp II by 36.5% in the first quarter. Penserra Capital Management LLC now owns 4,321 shares of the company's stock valued at $42,000 after purchasing an additional 1,156 shares in the last quarter. Verition Fund Management LLC boosted its holdings in Ross Acquisition Corp II by 14.2% in the first quarter. Verition Fund Management LLC now owns 152,763 shares of the company's stock valued at $1,500,000 after purchasing an additional 19,029 shares in the last quarter. Tegean Capital Management LLC acquired a new position in Ross Acquisition Corp II in the fourth quarter valued at approximately $284,000. Hsbc Holdings PLC boosted its holdings in Ross Acquisition Corp II by 16.4% in the first quarter. Hsbc Holdings PLC now owns 433,439 shares of the company's stock valued at $4,248,000 after purchasing an additional 61,007 shares in the last quarter. Finally, RPO LLC acquired a new position in Ross Acquisition Corp II in the fourth quarter valued at approximately $976,000. 58.14% of the stock is currently owned by hedge funds and other institutional investors.

About Ross Acquisition Corp II

Ross Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Palm Beach, Florida.

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