K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Sees Significant Drop in Short Interest

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 386 shares, a decline of 56.8% from the December 15th total of 894 shares. Based on an average daily volume of 5,679 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 5,679 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

K&F GROWTH ACQUISITION CORP. II Trading Down 0.2%

NASDAQ KFII traded down $0.02 during trading on Wednesday, reaching $10.33. 182 shares of the company’s stock were exchanged, compared to its average volume of 43,456. The stock has a fifty day moving average price of $10.31. K&F GROWTH ACQUISITION CORP. II has a fifty-two week low of $9.90 and a fifty-two week high of $10.50.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last posted its earnings results on Wednesday, November 12th. The company reported $0.08 EPS for the quarter.

Institutional Trading of K&F GROWTH ACQUISITION CORP. II

Several hedge funds have recently bought and sold shares of the stock. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth approximately $20,360,000. Magnetar Financial LLC bought a new stake in K&F GROWTH ACQUISITION CORP. II in the 2nd quarter valued at about $12,681,000. Alberta Investment Management Corp purchased a new stake in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth about $12,598,000. Sculptor Capital LP purchased a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at $10,180,000. Finally, Wolverine Asset Management LLC raised its stake in K&F GROWTH ACQUISITION CORP. II by 188.3% in the third quarter. Wolverine Asset Management LLC now owns 1,189,395 shares of the company’s stock valued at $12,150,000 after purchasing an additional 776,860 shares in the last quarter.

About K&F GROWTH ACQUISITION CORP. II

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.