Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Shares Down 0.1% – What’s Next?

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) shares fell 0.1% during mid-day trading on Thursday . The stock traded as low as $10.25 and last traded at $10.25. 309,578 shares changed hands during trading, an increase of 907% from the average session volume of 30,728 shares. The stock had previously closed at $10.26.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Cohen Circle Acquisition Corp. II in a report on Monday, January 26th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Stock Performance

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Institutional investors have recently added to or reduced their stakes in the company. Bulldog Investors LLP purchased a new position in Cohen Circle Acquisition Corp. II in the 4th quarter valued at about $256,000. Alyeska Investment Group L.P. purchased a new position in Cohen Circle Acquisition Corp. II in the fourth quarter valued at about $344,000. Virtu Financial LLC purchased a new position in Cohen Circle Acquisition Corp. II in the fourth quarter valued at about $346,000. L1 Global Manager Pty Ltd acquired a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter valued at approximately $512,000. Finally, Lineage Point Capital LP purchased a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $717,000.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank‑check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost‑effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.