K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Short Interest Down 40.2% in August

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 698 shares, a drop of 40.2% from the August 15th total of 1,167 shares. Based on an average daily trading volume, of 8,740 shares, the short-interest ratio is currently 0.1 days.

K&F GROWTH ACQUISITION CORP. II Trading Up 0.0%

KFII traded up $0.01 during midday trading on Friday, hitting $10.66. The company had a trading volume of 151 shares, compared to its average volume of 50,724. The firm’s 50-day simple moving average is $10.62 and its 200-day simple moving average is $10.54. K&F GROWTH ACQUISITION CORP. II has a twelve month low of $10.20 and a twelve month high of $10.67.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last released its earnings results on Tuesday, August 11th. The company reported $0.06 earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, K&F GROWTH ACQUISITION CORP. II currently has a consensus rating of “Sell”.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KFII. Berkley W R Corp increased its stake in shares of K&F GROWTH ACQUISITION CORP. II by 10.2% in the 1st quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock valued at $11,211,000 after acquiring an additional 99,400 shares during the last quarter. Sona Asset Management US LLC bought a new stake in K&F GROWTH ACQUISITION CORP. II in the 1st quarter valued at $1,125,000. Radcliffe Capital Management L.P. boosted its position in shares of K&F GROWTH ACQUISITION CORP. II by 24.7% during the fourth 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 period. Finally, L1 Global Manager Pty Ltd acquired a new position in K&F GROWTH ACQUISITION CORP. II during the 4th quarter worth approximately $2,585,000.

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.