K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO – Get Free Report) was the recipient of a significant increase in short interest during the month of 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. Based on an average daily trading volume, of 3,793 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company’s stock are short sold.
K2 Capital Acquisition Corporation Class A Ordinary Share Trading Down 0.4%
KTWO stock traded down $0.04 on Friday, hitting $9.90. The company had a trading volume of 2,499 shares, compared to its average volume of 54,904. K2 Capital Acquisition Corporation Class A Ordinary Share has a 12-month low of $9.84 and a 12-month high of $10.07. The company has a 50-day moving average of $9.96.
Analyst Ratings Changes
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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