Context Capital Management LLC Buys New Shares in Sizzle Acquisition Corp. II $SZZL

Context Capital Management LLC bought a new position in shares of Sizzle Acquisition Corp. II (NASDAQ:SZZL) in the third quarter, HoldingsChannel reports. The firm bought 599,812 shares of the company’s stock, valued at approximately $6,292,000.

Other hedge funds have also modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Sizzle Acquisition Corp. II in the first quarter valued at approximately $4,112,000. Deltec Asset Management LLC acquired a new position in Sizzle Acquisition Corp. II during the third quarter worth $1,048,000. Sona Asset Management US LLC purchased a new position in Sizzle Acquisition Corp. II in the first quarter worth $1,040,000. Finally, Rangeley Capital LLC purchased a new position in Sizzle Acquisition Corp. II in the first quarter worth $103,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a report on Thursday, August 27th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Sizzle Acquisition Corp. II Price Performance

SZZL stock opened at $10.54 on Wednesday. The company’s 50-day moving average price is $10.50 and its 200 day moving average price is $10.37. Sizzle Acquisition Corp. II has a 52 week low of $10.15 and a 52 week high of $10.55.

Sizzle Acquisition Corp. II (NASDAQ:SZZL) last issued its earnings results on Wednesday, August 12th. The company reported $0.06 earnings per share (EPS) for the quarter.

Sizzle Acquisition Corp. II Profile

Sizzle Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more operating companies. The company does not currently operate a commercial business and does not offer products or services of its own. Its activities are focused on evaluating potential merger, acquisition, or similar transactions. Until a transaction is completed, Sizzle Acquisition Corp. II’s operations are generally limited to organizational matters, evaluating acquisition opportunities, and complying with public-company reporting requirements.