Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Stock Short Interest Declines 39.5%

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,025 shares, a decrease of 39.5% from the September 15th total of 13,258 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 112,701 shares, the days-to-cover ratio is currently 0.1 days.

Cohen Circle Acquisition Corp. II Stock Performance

Shares of Cohen Circle Acquisition Corp. II stock remained flat at $10.29 during trading on Friday. The stock had a trading volume of 187,837 shares, compared to its average volume of 146,791. Cohen Circle Acquisition Corp. II has a 12-month low of $10.11 and a 12-month high of $10.50. The business has a 50 day simple moving average of $10.31 and a two-hundred day simple moving average of $10.30.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last released its earnings results on Tuesday, August 11th. The company reported $0.06 earnings per share for the quarter.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sona Asset Management US LLC bought a new stake in shares of Cohen Circle Acquisition Corp. II in the 1st quarter worth approximately $3,577,000. Governors Lane LP grew its holdings in shares of Cohen Circle Acquisition Corp. II by 9.7% during the 4th quarter. Governors Lane LP now owns 329,018 shares of the company’s stock valued at $3,369,000 after purchasing an additional 29,018 shares during the last quarter. Lineage Point Capital LP purchased a new position in Cohen Circle Acquisition Corp. II in the 4th quarter worth $717,000. SkyView Investment Advisors LLC purchased a new position in Cohen Circle Acquisition Corp. II in the 2nd quarter worth $515,000. Finally, Readystate Asset Management LP purchased a new position in Cohen Circle Acquisition Corp. II in the 2nd quarter worth $259,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II is a blank-check company, also known as a special purpose acquisition company (SPAC), incorporated to pursue a business combination with one or more private businesses. The company does not operate a traditional commercial business and does not currently offer products or services to customers.

The company’s objective is to identify, acquire, or combine with a target company through a merger, stock purchase, or similar transaction. Its search may include businesses in financial services, financial technology, asset management, business services, and related industries, although the ultimate target and transaction terms depend on the company’s ongoing evaluation process.

Until a business combination is completed, Cohen Circle Acquisition Corp.