K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) Short Interest Up 90.5% in May

K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 6,105 shares, an increase of 90.5% from the May 14th total of 3,205 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,793 shares, the days-to-cover ratio is currently 1.6 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of K2 Capital Acquisition Corporation Class A Ordinary Share to a “hold” rating in a report on Saturday, April 11th.

K2 Capital Acquisition Corporation Class A Ordinary Share Trading Down 0.4%

Shares of NASDAQ KTWO traded down $0.04 during midday trading on Tuesday, reaching $9.95. The company had a trading volume of 1,608 shares, compared to its average volume of 54,119. K2 Capital Acquisition Corporation Class A Ordinary Share has a one year low of $9.84 and a one year high of $10.07. The company’s fifty day simple moving average is $9.96.

K2 Capital Acquisition Corporation Class A Ordinary Share Company Profile

K2 Capital Acquisition Corp is a blank check company.