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

K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) saw a significant growth in short interest in the month of 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. Based on an average daily trading volume, of 3,793 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

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

K2 Capital Acquisition Corporation Class A Ordinary Share Stock Performance

Shares of KTWO stock traded down $0.04 during trading hours on Friday, hitting $9.90. 2,499 shares of the company’s stock traded hands, compared to its average volume of 54,904. The stock has a fifty day moving average price of $9.96. K2 Capital Acquisition Corporation Class A Ordinary Share has a 12-month low of $9.84 and a 12-month high of $10.07.

K2 Capital Acquisition Corporation Class A Ordinary Share Company Profile

K2 Capital Acquisition Corp is a blank check company.