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

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFIIU) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 141 shares, a decrease of 42.4% from the December 15th total of 245 shares. Based on an average daily trading volume, of 337 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 337 shares, the short-interest ratio is presently 0.4 days.

K&F GROWTH ACQUISITION CORP. II Stock Down 2.7%

KFIIU stock traded down $0.29 during midday trading on Thursday, hitting $10.46. The stock had a trading volume of 1 shares, compared to its average volume of 95,455. K&F GROWTH ACQUISITION CORP. II has a 12-month low of $10.00 and a 12-month high of $12.28. The company’s 50-day moving average price is $10.70 and its 200 day moving average price is $10.46.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Clear Street LLC boosted its position in K&F GROWTH ACQUISITION CORP. II by 610.6% in the 2nd quarter. Clear Street LLC now owns 50,042 shares of the company’s stock valued at $517,000 after buying an additional 43,000 shares during the last quarter. Clear Street Group Inc. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II in the third quarter worth about $530,000. Finally, Millennium Management LLC purchased a new position in K&F GROWTH ACQUISITION CORP. II in the first quarter valued at about $5,042,000.

About K&F GROWTH ACQUISITION CORP. II

K&F Growth Acquisition Corp. II is a Delaware‐incorporated special purpose acquisition company (SPAC) listed on the NASDAQ under the ticker KFIIU. As a blank check vehicle, the company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more target businesses. The SPAC structure allows K&F Growth Acquisition Corp. II to raise capital through an initial public offering and to hold the proceeds in a trust account until a suitable merger partner is identified.

The company’s investment strategy focuses on identifying companies with strong growth potential, primarily in sectors such as technology, healthcare, business services and industrials.