K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 933 shares, a growth of 320.3% from the May 31st total of 222 shares. Based on an average trading volume of 3,150 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of K&F GROWTH ACQUISITION CORP. II
Hedge funds have recently made changes to their positions in the company. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 2nd quarter valued at $20,360,000. Hudson Bay Capital Management LP raised its stake in shares of K&F GROWTH ACQUISITION CORP. II by 2.0% during the 2nd quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock worth $12,797,000 after buying an additional 25,000 shares in the last quarter. Wolverine Asset Management LLC boosted its stake in shares of K&F GROWTH ACQUISITION CORP. II by 0.8% in the fourth quarter. Wolverine Asset Management LLC now owns 1,198,935 shares of the company’s stock valued at $12,397,000 after buying an additional 9,540 shares in the last quarter. Glazer Capital LLC boosted its stake in shares of K&F GROWTH ACQUISITION CORP. II by 2.5% in the fourth quarter. Glazer Capital LLC now owns 1,196,452 shares of the company’s stock valued at $12,347,000 after buying an additional 29,300 shares in the last quarter. Finally, Berkley W R Corp grew its holdings in K&F GROWTH ACQUISITION CORP. II by 10.2% during the first quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock worth $11,211,000 after acquiring an additional 99,400 shares during the period.
K&F GROWTH ACQUISITION CORP. II Price Performance
Shares of KFII stock traded down $0.01 during trading hours on Friday, reaching $10.55. 201 shares of the company’s stock were exchanged, compared to its average volume of 65,705. K&F GROWTH ACQUISITION CORP. II has a 1 year low of $10.14 and a 1 year high of $10.58. The stock’s fifty day moving average price is $10.52 and its two-hundred day moving average price is $10.43.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
View Our Latest Analysis on KFII
About K&F GROWTH ACQUISITION CORP. II
K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.
The sponsor of K&F Growth Acquisition Corp.
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