K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) Short Interest Down 58.3% in April

K2 Capital Acquisition Corporation Class A Ordinary Share (NASDAQ:KTWO) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,341 shares, a drop of 58.3% from the April 15th total of 10,411 shares. Based on an average trading volume of 31,215 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

K2 Capital Acquisition Corporation Class A Ordinary Share Trading Down 0.5%

Shares of NASDAQ:KTWO traded down $0.05 on Friday, reaching $9.94. The company had a trading volume of 796 shares, compared to its average volume of 72,758. K2 Capital Acquisition Corporation Class A Ordinary Share has a 52-week low of $9.84 and a 52-week high of $10.01.

K2 Capital Acquisition Corporation Class A Ordinary Share Company Profile

K2 Capital Acquisition Corp is a blank check company.