Andretti Acquisition Corp. II (NASDAQ:POLE) Shares Down 0.1% - Should You Sell?

Andretti Acquisition Corp. II (NASDAQ:POLE - Get Free Report)'s stock price was down 0.1% during trading on Tuesday . The stock traded as low as $10.38 and last traded at $10.38. Approximately 187 shares changed hands during trading, a decline of 99% from the average daily volume of 14,612 shares. The stock had previously closed at $10.39.

Andretti Acquisition Corp. II Trading Down 0.1%

The firm's 50-day moving average is $10.31 and its 200 day moving average is $10.16.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Polar Asset Management Partners Inc. acquired a new position in shares of Andretti Acquisition Corp. II in the 4th quarter worth approximately $17,491,000. LMR Partners LLP acquired a new position in shares of Andretti Acquisition Corp. II in the 4th quarter worth approximately $16,992,000. AQR Arbitrage LLC acquired a new position in shares of Andretti Acquisition Corp. II in the 4th quarter worth approximately $15,194,000. Westchester Capital Management LLC lifted its position in shares of Andretti Acquisition Corp. II by 63.2% in the 1st quarter. Westchester Capital Management LLC now owns 1,161,916 shares of the company's stock worth $11,793,000 after purchasing an additional 450,000 shares during the period. Finally, Picton Mahoney Asset Management acquired a new position in shares of Andretti Acquisition Corp. II in the 4th quarter worth approximately $10,995,000.

Andretti Acquisition Corp. II Company Profile

Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.