Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) Short Interest Update

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 18,322 shares, a growth of 4,283.3% from the April 30th total of 418 shares. Based on an average trading volume of 15,172 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CCIIW. Mint Tower Capital Management B.V. purchased a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter worth about $70,000. Harraden Circle Investments LLC raised its holdings in shares of Cohen Circle Acquisition Corp. II by 8.5% during 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 in the last quarter. DLD Asset Management LP purchased a new position in shares of Cohen Circle Acquisition Corp. II during the 4th quarter valued at about $26,000. Alberta Investment Management Corp bought a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter worth approximately $35,000. Finally, Magnetar Financial LLC purchased a new stake in Cohen Circle Acquisition Corp. II in the fourth quarter worth approximately $53,000.

Cohen Circle Acquisition Corp. II Trading Down 0.7%

CCIIW stock opened at $0.67 on Thursday. The stock has a 50 day moving average of $0.65. Cohen Circle Acquisition Corp. II has a 1-year low of $0.51 and a 1-year high of $1.19.

About Cohen Circle Acquisition Corp. II

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.