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

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

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

NASDAQ KFII traded up $0.00 during trading hours on Wednesday, reaching $10.66. The company’s stock had a trading volume of 2,808 shares, compared to its average volume of 51,132. K&F GROWTH ACQUISITION CORP. II has a 1 year low of $10.20 and a 1 year high of $10.66. The firm’s 50-day moving average price is $10.62 and its 200-day moving average price is $10.53.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. L1 Global Manager Pty Ltd purchased a new position in shares of K&F GROWTH ACQUISITION CORP. II in the fourth quarter valued at $2,585,000. Radcliffe Capital Management L.P. lifted its position in 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 valued at $6,551,000 after purchasing an additional 125,598 shares during the last quarter. Sona Asset Management US LLC purchased a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 1st quarter worth $1,125,000. Finally, Berkley W R Corp increased its holdings 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 worth $11,211,000 after buying an additional 99,400 shares during the last quarter.

Analyst Ratings Changes

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

About K&F GROWTH ACQUISITION CORP. II

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.