Short Interest in Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Declines By 43.3%

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

Analyst Ratings Changes

A number of equities analysts recently commented on CCII shares. Weiss Ratings upgraded Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Wall Street Zen raised shares of Cohen Circle Acquisition Corp. II to a “hold” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Trading of Cohen Circle Acquisition Corp. II

Large investors have recently modified their holdings of the company. Bulldog Investors LLP bought a new position in Cohen Circle Acquisition Corp. II in the 4th quarter worth $256,000. Alyeska Investment Group L.P. acquired a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at about $344,000. Virtu Financial LLC bought a new position in shares of Cohen Circle Acquisition Corp. II in the fourth quarter worth about $346,000. L1 Global Manager Pty Ltd acquired a new position in shares of Cohen Circle Acquisition Corp. II during the 4th quarter worth about $512,000. Finally, Lineage Point Capital LP acquired a new position in shares of Cohen Circle Acquisition Corp. II during the 4th quarter worth about $717,000.

Cohen Circle Acquisition Corp. II Price Performance

Shares of NASDAQ:CCII traded up $0.02 on Friday, reaching $10.36. The company had a trading volume of 613 shares, compared to its average volume of 38,802. The company has a 50-day moving average of $10.30. Cohen Circle Acquisition Corp. II has a twelve month low of $10.07 and a twelve month high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.07 EPS for the quarter.

About Cohen Circle Acquisition Corp. II

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.