Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Rises By 320.3%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 933 shares, an increase of 320.3% from the May 31st total of 222 shares. Based on an average daily trading volume, of 3,150 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

K&F GROWTH ACQUISITION CORP. II Trading Down 0.1%

Shares of NASDAQ:KFII traded down $0.01 during midday trading on Friday, reaching $10.55. 201 shares of the company were exchanged, compared to its average volume of 65,705. K&F GROWTH ACQUISITION CORP. II has a fifty-two week low of $10.14 and a fifty-two week high of $10.58. The stock has a fifty day simple moving average of $10.52 and a two-hundred day simple moving average of $10.43.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. ABC Arbitrage SA bought a new stake in K&F GROWTH ACQUISITION CORP. II in the 4th quarter valued at about $258,000. Alyeska Investment Group L.P. bought a new position in K&F GROWTH ACQUISITION CORP. II in the 3rd quarter valued at about $435,000. Clear Street Group Inc. bought a new position in K&F GROWTH ACQUISITION CORP. II in the 3rd quarter valued at about $480,000. Sona Asset Management US LLC acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 1st quarter valued at approximately $1,125,000. Finally, Toronto Dominion Bank raised its position in shares of K&F GROWTH ACQUISITION CORP. II by 45.6% in the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock valued at $2,258,000 after buying an additional 68,364 shares in the last quarter.

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.