Periscope Capital Inc. acquired a new stake in shares of Black Spade Acquisition II Co (NASDAQ:BSII - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 125,000 shares of the company's stock, valued at approximately $1,242,000. Periscope Capital Inc. owned 0.65% of Black Spade Acquisition II at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Picton Mahoney Asset Management bought a new position in shares of Black Spade Acquisition II in the fourth quarter worth approximately $4,971,000. Schechter Investment Advisors LLC purchased a new stake in shares of Black Spade Acquisition II during the fourth quarter worth about $4,430,000. Finally, Wealthspring Capital LLC purchased a new position in Black Spade Acquisition II during the fourth quarter valued at $453,000.
Black Spade Acquisition II Stock Up 0.2 %
BSII stock traded up $0.02 during mid-day trading on Friday, hitting $10.13. The company had a trading volume of 4,402 shares, compared to its average volume of 38,790. The firm's 50-day moving average price is $10.01. Black Spade Acquisition II Co has a 12-month low of $9.85 and a 12-month high of $10.35.
About Black Spade Acquisition II
(
Free Report)
Black Spade Acquisition II Co is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. Black Spade Acquisition II Co is based in HONG KONG.
See Also

Before you consider Black Spade Acquisition II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Spade Acquisition II wasn't on the list.
While Black Spade Acquisition II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.