Governors Lane LP Takes Position in RRE Ventures Acquisition Corp. $RREV

Governors Lane LP acquired a new position in shares of RRE Ventures Acquisition Corp. (NASDAQ:RREVFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 250,000 shares of the company’s stock, valued at approximately $2,468,000.

Separately, Moore Capital Management LP acquired a new position in RRE Ventures Acquisition in the 2nd quarter worth $2,468,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings initiated coverage on RRE Ventures Acquisition in a research note on Tuesday, August 18th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on RRE Ventures Acquisition

RRE Ventures Acquisition Stock Up 0.2%

Shares of RREV opened at $9.93 on Wednesday. RRE Ventures Acquisition Corp. has a 12 month low of $9.86 and a 12 month high of $9.94. The stock’s fifty day simple moving average is $9.91.

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