Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) Trading Up 0.2% – Here’s Why

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) shares were up 0.2% during mid-day trading on Thursday . The stock traded as high as $0.6901 and last traded at $0.6017. Approximately 38,502 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 29,131 shares. The stock had previously closed at $0.6006.

Cohen Circle Acquisition Corp. II Price Performance

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Harraden Circle Investments LLC grew its stake in shares of Cohen Circle Acquisition Corp. II by 8.5% in the 4th quarter. Harraden Circle Investments LLC now owns 639,955 shares of the company’s stock valued at $448,000 after buying an additional 50,400 shares during the period. Meteora Capital LLC raised its stake in Cohen Circle Acquisition Corp. II by 15.6% during the 4th quarter. Meteora Capital LLC now owns 458,921 shares of the company’s stock worth $321,000 after buying an additional 61,819 shares during the period. Toronto Dominion Bank boosted its holdings in Cohen Circle Acquisition Corp. II by 36.8% in the fourth quarter. Toronto Dominion Bank now owns 256,507 shares of the company’s stock worth $180,000 after acquiring an additional 69,007 shares in the last quarter. Mint Tower Capital Management B.V. acquired a new stake in Cohen Circle Acquisition Corp. II in the fourth quarter valued at approximately $70,000. Finally, Magnetar Financial LLC acquired a new stake in Cohen Circle Acquisition Corp. II in the fourth quarter valued at approximately $53,000.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) organized to raise capital through the public markets for the purpose of effecting one or more business combinations. It is listed on the Nasdaq under the ticker CCIIW. As a blank‑check company, it does not operate a conventional commercial business but instead focuses on identifying, negotiating and completing a merger, capital stock exchange, asset acquisition, or similar business combination with a private company.

The company’s principal activities center on sourcing and evaluating potential target businesses, conducting due diligence, negotiating transaction terms and securing shareholder and regulatory approvals for proposed deals.