K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 624 shares, a growth of 89.1% from the October 15th total of 330 shares. Based on an average daily trading volume, of 346,469 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On K&F GROWTH ACQUISITION CORP. II
Several hedge funds have recently modified their holdings of the stock. First Trust Capital Management L.P. bought a new stake in K&F GROWTH ACQUISITION CORP. II in the 3rd quarter valued at $1,093,000. Sona Asset Management US LLC purchased a new stake in K&F GROWTH ACQUISITION CORP. II in the 1st quarter worth $1,125,000. Periscope Capital Inc. bought a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 3rd quarter valued at about $4,007,000. Finally, Berkley W R Corp boosted its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 10.2% during the 1st quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock valued at $11,211,000 after purchasing an additional 99,400 shares during the last quarter.
K&F GROWTH ACQUISITION CORP. II Stock Up 1.5%
NASDAQ KFII traded up $0.16 during trading hours on Friday, reaching $10.81. The company’s stock had a trading volume of 1,221 shares, compared to its average volume of 85,087. The firm’s 50-day moving average price is $10.69 and its 200-day moving average price is $10.55. K&F GROWTH ACQUISITION CORP. II has a 1 year low of $10.27 and a 1 year high of $12.41.
K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) last announced its quarterly earnings data on Friday, November 13th. The company reported $0.06 earnings per share (EPS) for the quarter.
Analysts Set New Price Targets
Separately, Weiss Ratings raised K&F GROWTH ACQUISITION CORP. II from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
Get Our Latest Analysis on K&F GROWTH ACQUISITION CORP. II
About K&F GROWTH ACQUISITION CORP. II
K&F Growth Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with an operating company. The company does not have its own operating business, products or services. Its activities center on identifying and evaluating potential business combination candidates. K&F Growth Acquisition Corp. II has not specified a particular industry or geographic market for its search in the information available.
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