K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) Sees Significant Drop in Short Interest

K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWOGet Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,218 shares, a drop of 65.4% from the July 15th total of 3,517 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 440 shares, the days-to-cover ratio is currently 2.8 days.

K2 Capital Acquisition Corporation Class A Ordinary Share Price Performance

Shares of NASDAQ:KTWO traded up $0.13 during trading on Friday, hitting $10.06. 1,076 shares of the company’s stock were exchanged, compared to its average volume of 594. K2 Capital Acquisition Corporation Class A Ordinary Share has a 1-year low of $9.84 and a 1-year high of $10.07. The company’s 50-day moving average is $9.99.

About K2 Capital Acquisition Corporation Class A Ordinary Share

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K2 Capital Acquisition Corp is a blank check company.

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