K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,450 shares, a decrease of 43.5% from the May 31st total of 6,105 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 552 shares, the short-interest ratio is presently 6.2 days.
K2 Capital Acquisition Corporation Class A Ordinary Share Price Performance
KTWO traded up $0.05 during mid-day trading on Thursday, reaching $10.00. 106 shares of the stock were exchanged, compared to its average volume of 51,722. The business has a 50 day moving average of $9.96. K2 Capital Acquisition Corporation Class A Ordinary Share has a 1 year low of $9.84 and a 1 year high of $10.07.
Wall Street Analysts Forecast Growth
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.
About K2 Capital Acquisition Corporation Class A Ordinary Share
K2 Capital Acquisition Corp is a blank check company.
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