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

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) saw a large decrease in short interest in 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 presently 0.0 days.

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

Hedge funds have recently made changes to their positions in the company. ABC Arbitrage SA acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the fourth quarter valued at approximately $258,000. Alyeska Investment Group L.P. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the third quarter valued at approximately $435,000. Clear Street Group Inc. acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the third quarter valued at approximately $480,000. Sona Asset Management US LLC acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the first quarter valued at approximately $1,125,000. Finally, Toronto Dominion Bank raised its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 45.6% during the fourth quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock valued at $2,258,000 after acquiring an additional 68,364 shares during the last quarter.

K&F GROWTH ACQUISITION CORP. II Stock Performance

NASDAQ:KFII traded up $0.02 during trading hours on Tuesday, reaching $10.56. 580 shares of the company were exchanged, compared to its average volume of 59,558. The stock’s 50-day moving average is $10.50 and its 200-day moving average is $10.41. K&F GROWTH ACQUISITION CORP. II has a twelve month low of $10.14 and a twelve month high of $10.58.

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

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 Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock 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.