Short Interest in Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) Decreases By 53.1%

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 8,590 shares, a decrease of 53.1% from the May 14th total of 18,322 shares. Based on an average trading volume of 13,125 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Weiss Asset Management LP grew its position in Cohen Circle Acquisition Corp. II by 41.8% during the 1st quarter. Weiss Asset Management LP now owns 78,782 shares of the company’s stock worth $53,000 after purchasing an additional 23,238 shares in the last quarter. DLD Asset Management LP purchased a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $26,000. Alberta Investment Management Corp purchased a new position in shares of Cohen Circle Acquisition Corp. II during the 4th quarter valued at $35,000. Harraden Circle Investments LLC raised its holdings in shares of Cohen Circle Acquisition Corp. II by 8.5% during the fourth quarter. Harraden Circle Investments LLC now owns 639,955 shares of the company’s stock worth $448,000 after acquiring an additional 50,400 shares in the last quarter. Finally, Meteora Capital LLC boosted its position in Cohen Circle Acquisition Corp. II by 15.6% during the fourth quarter. Meteora Capital LLC now owns 458,921 shares of the company’s stock valued at $321,000 after purchasing an additional 61,819 shares during the last quarter.

Cohen Circle Acquisition Corp. II Price Performance

Shares of NASDAQ:CCIIW remained flat at $0.75 during trading hours on Monday. 50,000 shares of the company’s stock traded hands, compared to its average volume of 21,830. Cohen Circle Acquisition Corp. II has a 12 month low of $0.51 and a 12 month high of $1.19. The firm has a fifty day moving average of $0.67.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) organized to raise capital through the public markets for the purpose of effecting one or more business combinations. It is listed on the Nasdaq under the ticker CCIIW. As a blank‑check company, it does not operate a conventional commercial business but instead focuses on identifying, negotiating and completing a merger, capital stock exchange, asset acquisition, or similar business combination with a private company.

The company’s principal activities center on sourcing and evaluating potential target businesses, conducting due diligence, negotiating transaction terms and securing shareholder and regulatory approvals for proposed deals.