Elliott Opportunity II (NYSE:EOCW) Sees Large Volume Increase

Elliott Opportunity II Corp (NYSE:EOCW) saw an uptick in trading volume on Thursday . 13,034 shares traded hands during trading, a decline of 95% from the previous session’s volume of 289,179 shares.The stock last traded at $9.78 and had previously closed at $9.75.

The firm has a fifty day simple moving average of $9.80.

An institutional investor recently raised its position in Elliott Opportunity II stock. HighTower Advisors LLC raised its stake in shares of Elliott Opportunity II Corp (NYSE:EOCW) by 25.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,205,924 shares of the company’s stock after buying an additional 241,374 shares during the period. HighTower Advisors LLC owned 1.58% of Elliott Opportunity II worth $11,745,000 at the end of the most recent quarter. 43.00% of the stock is owned by institutional investors.

Elliott Opportunity II Company Profile (NYSE:EOCW)

Elliott Opportunity II Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Elliott Opportunity II Corp. is based in WEST PALM BEACH, Fla.

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