K2 Capital Acquisition Corporation Units (NASDAQ:KTWOU) Sees Large Decline in Short Interest

K2 Capital Acquisition Corporation Units (NASDAQ:KTWOUGet Free Report) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 282 shares, a drop of 99.9% from the April 30th total of 400,359 shares. Based on an average trading volume of 28 shares, the days-to-cover ratio is currently 10.1 days.

K2 Capital Acquisition Corporation Units Stock Down 0.2%

Shares of KTWOU traded down $0.02 during mid-day trading on Friday, hitting $10.10. 852 shares of the company’s stock were exchanged, compared to its average volume of 66,923. The firm’s fifty day simple moving average is $10.11. K2 Capital Acquisition Corporation Units has a twelve month low of $10.03 and a twelve month high of $11.23.

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