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

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,900 shares, a drop of 43.3% from the June 15th total of 3,349 shares. Based on an average trading volume of 33,245 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Cohen Circle Acquisition Corp. II

Several hedge funds have recently made changes to their positions in the business. Millennium Management LLC grew its holdings in shares of Cohen Circle Acquisition Corp. II by 27.8% in the fourth quarter. Millennium Management LLC now owns 956,310 shares of the company’s stock valued at $9,793,000 after purchasing an additional 207,950 shares in the last quarter. Toronto Dominion Bank boosted its position in Cohen Circle Acquisition Corp. II by 58.1% in the 4th quarter. Toronto Dominion Bank now owns 711,673 shares of the company’s stock valued at $7,288,000 after buying an additional 261,673 shares during the period. Radcliffe Capital Management L.P. grew its stake in shares of Cohen Circle Acquisition Corp. II by 12.1% in the fourth quarter. Radcliffe Capital Management L.P. now owns 616,577 shares of the company’s stock worth $6,314,000 after acquiring an additional 66,577 shares in the last quarter. Berkley W R Corp increased its position in shares of Cohen Circle Acquisition Corp. II by 0.9% during the fourth quarter. Berkley W R Corp now owns 525,621 shares of the company’s stock worth $5,382,000 after acquiring an additional 4,709 shares during the period. Finally, Mint Tower Capital Management B.V. acquired a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at $4,096,000.

Analyst Ratings Changes

CCII has been the subject of a number of analyst reports. 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 shares of Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Cohen Circle Acquisition Corp. II Stock Performance

Shares of CCII stock traded down $0.05 during trading hours on Thursday, hitting $10.34. The company had a trading volume of 1,425 shares, compared to its average volume of 63,166. The business’s fifty day moving average is $10.29. Cohen Circle Acquisition Corp. II has a fifty-two week low of $10.07 and a fifty-two week high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last released its quarterly earnings results on Wednesday, March 25th. The company reported $0.07 EPS 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.