Harraden Circle Investments LLC Buys Shares of 2,897,900 SC II Acquisition Corp. $SCII

Harraden Circle Investments LLC purchased a new position in shares of SC II Acquisition Corp. (NASDAQ:SCII) during the second quarter, Holdings Channel.com reports. The fund purchased 2,897,900 shares of the company’s stock, valued at approximately $29,066,000. SC II Acquisition accounts for 2.9% of Harraden Circle Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Harraden Circle Investments LLC owned about 0.17% of SC II Acquisition at the end of the most recent quarter.

SC II Acquisition Trading Down 0.0%

Shares of SCII opened at $10.13 on Friday. The firm has a fifty day moving average price of $10.10. SC II Acquisition Corp. has a twelve month low of $9.90 and a twelve month high of $10.14.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of SC II Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

About SC II Acquisition

SC II Acquisition Corp is a blank check company. The company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.