MYDA Advisors LLC Makes New Investment in Property Solutions Acquisition Corp. II (NASDAQ:PSAG)

MYDA Advisors LLC purchased a new position in Property Solutions Acquisition Corp. II (NASDAQ:PSAGGet Rating) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 50,600 shares of the company’s stock, valued at approximately $491,000. MYDA Advisors LLC owned 0.16% of Property Solutions Acquisition Corp. II at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE bought a new position in shares of Property Solutions Acquisition Corp. II during the 4th quarter valued at approximately $97,000. Toroso Investments LLC purchased a new stake in Property Solutions Acquisition Corp. II during the 3rd quarter valued at $101,000. Landscape Capital Management L.L.C. raised its holdings in Property Solutions Acquisition Corp. II by 10.7% during the 4th quarter. Landscape Capital Management L.L.C. now owns 13,171 shares of the company’s stock valued at $128,000 after buying an additional 1,268 shares during the period. Millennium Management LLC purchased a new stake in Property Solutions Acquisition Corp. II during the 2nd quarter valued at $201,000. Finally, Robinson Capital Management LLC raised its holdings in Property Solutions Acquisition Corp. II by 107.7% during the 4th quarter. Robinson Capital Management LLC now owns 21,620 shares of the company’s stock valued at $210,000 after buying an additional 11,210 shares during the period. Institutional investors and hedge funds own 85.86% of the company’s stock.

NASDAQ:PSAG traded down $0.02 during midday trading on Wednesday, hitting $9.75. 3,504 shares of the company traded hands, compared to its average volume of 18,971. The firm’s fifty day moving average is $9.78 and its 200-day moving average is $9.74. Property Solutions Acquisition Corp. II has a 12-month low of $9.59 and a 12-month high of $9.93.

Property Solutions Acquisition Corp. II Company Profile (Get Rating)

Property Solutions Acquisition Corp. II intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.

Further Reading

Institutional Ownership by Quarter for Property Solutions Acquisition Corp. II (NASDAQ:PSAG)

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