K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) Short Interest Up 90.5% in May

K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 6,105 shares, a growth of 90.5% from the May 14th total of 3,205 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,793 shares, the days-to-cover ratio is presently 1.6 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of K2 Capital Acquisition Corporation Class A Ordinary Share to a “hold” rating in a report on Saturday, April 11th.

K2 Capital Acquisition Corporation Class A Ordinary Share Trading Down 0.1%

NASDAQ:KTWO traded down $0.01 during mid-day trading on Monday, hitting $9.98. 2,499 shares of the company’s stock traded hands, compared to its average volume of 54,904. The business has a 50 day simple moving average of $9.96. K2 Capital Acquisition Corporation Class A Ordinary Share has a 1 year low of $9.84 and a 1 year high of $10.07.

K2 Capital Acquisition Corporation Class A Ordinary Share Company Profile

K2 Capital Acquisition Corp is a blank check company.