Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Grows By 49.0%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 894 shares, a growth of 49.0% from the November 30th total of 600 shares. Based on an average daily trading volume, of 11,352 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 11,352 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, K&F GROWTH ACQUISITION CORP. II presently has an average rating of “Sell”.

Institutional Investors Weigh In On K&F GROWTH ACQUISITION CORP. II

Several hedge funds and other institutional investors have recently bought and sold shares of KFII. Magnetar Financial LLC bought a new position in K&F GROWTH ACQUISITION CORP. II during the second quarter valued at approximately $12,681,000. Berkley W R Corp raised its position in K&F GROWTH ACQUISITION CORP. II by 63.7% in the second quarter. Berkley W R Corp now owns 975,455 shares of the company’s stock worth $9,930,000 after purchasing an additional 379,695 shares in the last quarter. Alberta Investment Management Corp bought a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at $12,598,000. Gritstone Asset Management LLC bought a new position in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at about $1,527,000. Finally, Wolverine Asset Management LLC increased its holdings in K&F GROWTH ACQUISITION CORP. II by 1,942.3% during the 2nd quarter. Wolverine Asset Management LLC now owns 412,535 shares of the company’s stock valued at $4,200,000 after purchasing an additional 392,335 shares in the last quarter.

K&F GROWTH ACQUISITION CORP. II Stock Up 0.2%

Shares of K&F GROWTH ACQUISITION CORP. II stock traded up $0.02 during trading hours on Tuesday, reaching $10.34. 26,392 shares of the company’s stock were exchanged, compared to its average volume of 98,321. The company’s fifty day moving average is $10.29. K&F GROWTH ACQUISITION CORP. II has a 52-week low of $9.90 and a 52-week high of $10.50.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last issued its earnings results on Wednesday, November 12th. The company reported $0.08 earnings per share (EPS) for the quarter.

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.