K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Short Interest Update

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 933 shares, a growth of 320.3% from the May 31st total of 222 shares. Based on an average daily volume of 3,150 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On K&F GROWTH ACQUISITION CORP. II

Several institutional investors have recently bought and sold shares of the company. ABC Arbitrage SA acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the fourth quarter worth about $258,000. Alyeska Investment Group L.P. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II in the third quarter valued at approximately $435,000. Clear Street Group Inc. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II in the third quarter valued at approximately $480,000. Sona Asset Management US LLC purchased a new stake in K&F GROWTH ACQUISITION CORP. II during the 1st quarter worth approximately $1,125,000. Finally, Toronto Dominion Bank increased its stake in K&F GROWTH ACQUISITION CORP. II by 45.6% during the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock worth $2,258,000 after buying an additional 68,364 shares during the period.

Wall Street Analyst Weigh In

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

K&F GROWTH ACQUISITION CORP. II Stock Performance

NASDAQ:KFII opened at $10.55 on Monday. K&F GROWTH ACQUISITION CORP. II has a 52 week low of $10.14 and a 52 week high of $10.58. The stock’s fifty day moving average is $10.52 and its two-hundred day moving average is $10.43.

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

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.