Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Drops By 42.9%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFIIGet Free Report) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 368 shares, a decline of 42.9% from the April 15th total of 644 shares. Based on an average trading volume of 11,044 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Analysis on KFII

Institutional Investors Weigh In On K&F GROWTH ACQUISITION CORP. II

Large investors have recently bought and sold shares of the company. ABC Arbitrage SA acquired a new position in K&F GROWTH ACQUISITION CORP. II in the fourth quarter valued at approximately $258,000. Alyeska Investment Group L.P. acquired a new position in K&F GROWTH ACQUISITION CORP. II in the third quarter valued at approximately $435,000. Clear Street Group Inc. acquired a new position in K&F GROWTH ACQUISITION CORP. II in the third quarter valued at approximately $480,000. Sona Asset Management US LLC acquired a new position in K&F GROWTH ACQUISITION CORP. II in the first quarter valued at approximately $1,125,000. Finally, Toronto Dominion Bank lifted its holdings in K&F GROWTH ACQUISITION CORP. II by 45.6% in the fourth quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock valued at $2,258,000 after acquiring an additional 68,364 shares during the period.

K&F GROWTH ACQUISITION CORP. II Price Performance

Shares of KFII stock traded down $0.01 during trading hours on Friday, reaching $10.50. 65,543 shares of the company’s stock were exchanged, compared to its average volume of 69,953. K&F GROWTH ACQUISITION CORP. II has a 1 year low of $10.04 and a 1 year high of $10.51. The stock’s fifty day moving average price is $10.45 and its two-hundred day moving average price is $10.37.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFIIGet Free Report) last issued its quarterly earnings results on Friday, March 27th. The company reported $0.07 earnings per share for the quarter.

About K&F GROWTH ACQUISITION CORP. II

(Get Free Report)

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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