Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Short Interest Update

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,356 shares, a decrease of 54.8% from the April 30th total of 9,646 shares. Based on an average trading volume of 81,617 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Cohen Circle Acquisition Corp. II to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Sona Asset Management US LLC bought a new stake in Cohen Circle Acquisition Corp. II in the first quarter valued at approximately $3,577,000. Lineage Point Capital LP acquired a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter valued at $717,000. Virtu Financial LLC bought a new stake in shares of Cohen Circle Acquisition Corp. II in the 4th quarter valued at $346,000. Alberta Investment Management Corp acquired a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth $2,048,000. Finally, Toronto Dominion Bank lifted its holdings in Cohen Circle Acquisition Corp. II by 58.1% during the fourth quarter. Toronto Dominion Bank now owns 711,673 shares of the company’s stock worth $7,288,000 after acquiring an additional 261,673 shares in the last quarter.

Cohen Circle Acquisition Corp. II Stock Up 0.1%

Shares of Cohen Circle Acquisition Corp. II stock traded up $0.01 during trading on Friday, reaching $10.28. 10,959 shares of the company were exchanged, compared to its average volume of 60,512. The business’s 50-day simple moving average is $10.25. Cohen Circle Acquisition Corp. II has a twelve month low of $10.07 and a twelve month high of $10.47.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last released its earnings results on Wednesday, March 25th. The company reported $0.07 earnings per share for the quarter.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank‑check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost‑effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.