During the recent session, Ares Acquisition Corporation II (NYSE:AACT)’s traded shares were 0.91 million, with the beta value of the company hitting -0.01. At the last check today, the stock’s price was $11.28, reflecting an intraday loss of -0.04% or -$0.01. The 52-week high for the AACT share is $11.29, that puts it down -0.09 from that peak though still a striking 5.67% gain since the share price plummeted to a 52-week low of $10.64. The company’s market capitalization is $698.09M, and the average trade volume was 998.30K shares over the past three months.
Ares Acquisition Corporation II (NYSE:AACT) trade information
Ares Acquisition Corporation II (AACT) registered a -0.04% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.04% in intraday trading to $11.28, hitting a weekly high. The stock’s 5-day price performance is 0.13%, and it has moved by 0.22% in 30 days. Based on these gigs, the overall price performance for the year is 6.06%.
AACT Dividends
Ares Acquisition Corporation II is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ares Acquisition Corporation II (NYSE:AACT)’s Major holders
The next largest institutional holding, with 3.31 million shares, is of COWEN AND COMPANY, LLC’s that is approximately 5.2932% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $35.3 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ares Acquisition Corporation II (AACT) shares are INVESTMENT MANAGERS SERIES TRUST II-First Trust Merger Arbitrage Fund and Merger Fund-The Merger Fund. Data provided on Dec 31, 2024 indicates that INVESTMENT MANAGERS SERIES TRUST II-First Trust Merger Arbitrage Fund owns about 4.16 shares. This amounts to just over 6.73 percent of the company’s overall shares, with a $46.97 million market value. The same data shows that the other fund manager holds slightly less at 3.76, or about 6.08% of the stock, which is worth about $42.45 million.
