K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Short Interest Update

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 222 shares, a decrease of 37.3% from the May 14th total of 354 shares. Based on an average daily volume of 11,448 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of large investors have recently bought and sold shares of the company. Sona Asset Management US LLC purchased a new position in K&F GROWTH ACQUISITION CORP. II during the 1st quarter worth $1,125,000. Berkley W R Corp raised its position in 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 worth $11,211,000 after buying an additional 99,400 shares during the last quarter. Toronto Dominion Bank raised its position in K&F GROWTH ACQUISITION CORP. II by 45.6% during the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock worth $2,258,000 after buying an additional 68,364 shares during the last quarter. Rivernorth Capital Management LLC raised its position in K&F GROWTH ACQUISITION CORP. II by 2.0% during the 4th quarter. Rivernorth Capital Management LLC now owns 509,513 shares of the company’s stock worth $5,258,000 after buying an additional 9,769 shares during the last quarter. Finally, Radcliffe Capital Management L.P. raised its position in K&F GROWTH ACQUISITION CORP. II by 24.7% during the 4th quarter. Radcliffe Capital Management L.P. now owns 633,889 shares of the company’s stock worth $6,551,000 after buying an additional 125,598 shares during the last quarter.

K&F GROWTH ACQUISITION CORP. II Trading Up 0.1%

KFII stock opened at $10.56 on Monday. K&F GROWTH ACQUISITION CORP. II has a 12 month low of $10.13 and a 12 month high of $10.58. The company has a fifty day moving average price of $10.49 and a 200 day moving average price of $10.41.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.07 EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, K&F GROWTH ACQUISITION CORP. II currently has a consensus rating of “Sell”.

K&F GROWTH ACQUISITION CORP. II Company Profile

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.