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 in July. As of July 15th, there was short interest totaling 20,652 shares, a growth of 133.7% from the June 30th total of 8,837 shares. Based on an average daily trading volume, of 7,121 shares, the short-interest ratio is presently 2.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Weiss Asset Management LP increased its position in Cohen Circle Acquisition Corp. II by 41.8% during the first quarter. Weiss Asset Management LP now owns 78,782 shares of the company’s stock worth $53,000 after buying an additional 23,238 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at $35,000. Toronto Dominion Bank lifted its position in shares of 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 valued at $180,000 after acquiring an additional 69,007 shares in the last quarter. Meteora Capital LLC boosted its stake in shares of Cohen Circle Acquisition Corp. II by 15.6% during the fourth quarter. Meteora Capital LLC now owns 458,921 shares of the company’s stock valued at $321,000 after acquiring an additional 61,819 shares during the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of Cohen Circle Acquisition Corp. II during the fourth quarter valued at $53,000.

Cohen Circle Acquisition Corp. II Trading Down 10.0%

CCIIW traded down $0.08 during midday trading on Wednesday, reaching $0.72. Cohen Circle Acquisition Corp. II has a twelve month low of $0.51 and a twelve month high of $1.19. The company’s fifty day simple moving average is $0.76.

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.