Rivernorth Capital Management LLC bought a new position in RRE Ventures Acquisition Corp. (NASDAQ:RREV – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 99,999 shares of the company’s stock, valued at approximately $993,000.
Separately, Moore Capital Management LP purchased a new stake in RRE Ventures Acquisition during the 2nd quarter valued at $2,468,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings assumed coverage on RRE Ventures Acquisition in a report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
RRE Ventures Acquisition Price Performance
NASDAQ:RREV opened at $9.92 on Monday. The firm’s 50-day moving average is $9.90. RRE Ventures Acquisition Corp. has a 52-week low of $9.86 and a 52-week high of $9.94.
Recommended Stories
- Five stocks we like better than RRE Ventures Acquisition
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Want to see what other hedge funds are holding RREV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RRE Ventures Acquisition Corp. (NASDAQ:RREV – Free Report).
Receive News & Ratings for RRE Ventures Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RRE Ventures Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
