K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 933 shares, an increase of 320.3% from the May 31st total of 222 shares. Based on an average daily trading volume, of 3,150 shares, the short-interest ratio is presently 0.3 days.
K&F GROWTH ACQUISITION CORP. II Stock Performance
Shares of NASDAQ:KFII traded down $0.01 during mid-day trading on Friday, hitting $10.55. 201 shares of the company traded hands, compared to its average volume of 65,705. The firm’s 50 day simple moving average is $10.52 and its 200 day simple moving average is $10.43. K&F GROWTH ACQUISITION CORP. II has a 52-week low of $10.14 and a 52-week high of $10.58.
K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) last issued its quarterly earnings data on Friday, March 27th. The company reported $0.07 earnings per share (EPS) for the quarter.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on KFII
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at $20,360,000. Hudson Bay Capital Management LP grew its position in shares of K&F GROWTH ACQUISITION CORP. II by 2.0% during the 2nd quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock valued at $12,797,000 after buying an additional 25,000 shares during the last quarter. Moore Capital Management LP bought a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at about $5,090,000. Radcliffe Capital Management L.P. acquired a new stake in K&F GROWTH ACQUISITION CORP. II during the second quarter worth about $3,556,000. Finally, Sculptor Capital LP bought a new position in K&F GROWTH ACQUISITION CORP. II in the second quarter worth about $10,180,000.
K&F GROWTH ACQUISITION CORP. II Company Profile
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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