K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,505 shares, an increase of 85.8% from the June 30th total of 810 shares. Based on an average daily volume of 14,422 shares, the days-to-cover ratio is presently 0.1 days.
K&F GROWTH ACQUISITION CORP. II Price Performance
Shares of KFII stock opened at $10.62 on Friday. K&F GROWTH ACQUISITION CORP. II has a 12-month low of $10.16 and a 12-month high of $10.62. The firm has a 50-day moving average price of $10.56 and a 200 day moving average price of $10.47.
Institutional Trading of K&F GROWTH ACQUISITION CORP. II
Hedge funds have recently modified their holdings of the company. Shaolin Capital Management LLC boosted its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 0.5% in the 3rd quarter. Shaolin Capital Management LLC now owns 402,141 shares of the company’s stock worth $4,108,000 after acquiring an additional 2,141 shares in the last quarter. Wolverine Asset Management LLC raised its position in K&F GROWTH ACQUISITION CORP. II by 0.8% in the 4th quarter. Wolverine Asset Management LLC now owns 1,198,935 shares of the company’s stock valued at $12,397,000 after purchasing an additional 9,540 shares during the last quarter. Rivernorth Capital Management LLC boosted its stake in K&F GROWTH ACQUISITION CORP. II by 2.0% in the fourth quarter. Rivernorth Capital Management LLC now owns 509,513 shares of the company’s stock worth $5,258,000 after purchasing an additional 9,769 shares in the last quarter. ABC Arbitrage SA acquired a new position in K&F GROWTH ACQUISITION CORP. II in the fourth quarter worth $258,000. Finally, Hudson Bay Capital Management LP grew its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 2.0% during the second quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock worth $12,797,000 after purchasing an additional 25,000 shares during the last quarter.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on K&F GROWTH ACQUISITION CORP. II
About K&F GROWTH ACQUISITION CORP. II
K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.
The sponsor of K&F Growth Acquisition Corp.
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