Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Drops By 56.8%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 386 shares, a drop of 56.8% from the December 15th total of 894 shares. Based on an average daily trading volume, of 5,679 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 5,679 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KFII. Berkley W R Corp increased its position in K&F GROWTH ACQUISITION CORP. II by 63.7% during the 2nd quarter. Berkley W R Corp now owns 975,455 shares of the company’s stock worth $9,930,000 after purchasing an additional 379,695 shares in the last quarter. Magnetar Financial LLC acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at $12,681,000. Alberta Investment Management Corp acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the second quarter valued at $12,598,000. Gritstone Asset Management LLC bought a new position in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter worth $1,527,000. Finally, Wolverine Asset Management LLC lifted its holdings in K&F GROWTH ACQUISITION CORP. II by 1,942.3% during the 2nd quarter. Wolverine Asset Management LLC now owns 412,535 shares of the company’s stock worth $4,200,000 after buying an additional 392,335 shares during the period.

K&F GROWTH ACQUISITION CORP. II Price Performance

KFII remained flat at $10.33 during trading on Thursday. 60 shares of the company traded hands, compared to its average volume of 43,456. K&F GROWTH ACQUISITION CORP. II has a 1-year low of $9.90 and a 1-year high of $10.50. The stock’s 50 day moving average is $10.31.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.08 earnings per share for the quarter.

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.