Range Capital Acquisition Corp. (NASDAQ:RANG) Short Interest Update

Range Capital Acquisition Corp. (NASDAQ:RANG) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 846 shares, an increase of 471.6% from the April 15th total of 148 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 20,591 shares, the days-to-cover ratio is currently 0.0 days.

Range Capital Acquisition Stock Performance

RANG traded down $0.01 during midday trading on Thursday, reaching $10.59. The company had a trading volume of 16,802 shares, compared to its average volume of 43,562. The business has a 50-day moving average of $10.55 and a two-hundred day moving average of $10.49. Range Capital Acquisition has a 1 year low of $10.12 and a 1 year high of $11.63.

Range Capital Acquisition (NASDAQ:RANG) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.05 EPS for the quarter.

Institutional Trading of Range Capital Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Clear Street Group Inc. purchased a new stake in Range Capital Acquisition in the third quarter worth about $72,000. Radcliffe Capital Management L.P. grew its position in shares of Range Capital Acquisition by 39.8% during the third quarter. Radcliffe Capital Management L.P. now owns 25,706 shares of the company’s stock worth $267,000 after purchasing an additional 7,316 shares in the last quarter. Glazer Capital LLC purchased a new stake in shares of Range Capital Acquisition during the fourth quarter worth about $104,000. Jane Street Group LLC purchased a new stake in shares of Range Capital Acquisition during the second quarter worth about $112,000. Finally, Virtu Financial LLC purchased a new stake in shares of Range Capital Acquisition during the fourth quarter worth about $444,000.

About Range Capital Acquisition

Range Capital Acquisition Corp is a publicly traded special purpose acquisition company (SPAC) listed on the NASDAQ under the symbol RANG. The company was formed to raise capital through an initial public offering with the goal of effecting a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a blank‐check vehicle, it does not currently operate any underlying business but seeks to identify a suitable target that aligns with its investment criteria.

The SPAC is sponsored by Range Capital Partners, a private equity firm with a background in investing across industrial, energy and infrastructure sectors.