Short Interest in Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Decreases By 54.8%

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,356 shares, a decrease of 54.8% from the April 30th total of 9,646 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 81,617 shares, the days-to-cover ratio is presently 0.1 days.

Cohen Circle Acquisition Corp. II Trading Up 0.0%

Shares of Cohen Circle Acquisition Corp. II stock traded up $0.00 during trading on Monday, hitting $10.28. 108,166 shares of the stock traded hands, compared to its average volume of 70,138. The business has a fifty day simple moving average of $10.25. Cohen Circle Acquisition Corp. II has a 52 week low of $10.07 and a 52 week high of $10.47.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last announced its quarterly earnings data on Wednesday, March 25th. The company reported $0.07 EPS for the quarter.

Analysts Set New Price Targets

CCII has been the topic of a number of recent research reports. Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Wall Street Zen raised Cohen Circle Acquisition Corp. II to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC grew its position in Cohen Circle Acquisition Corp. II by 27.8% during the 4th quarter. Millennium Management LLC now owns 956,310 shares of the company’s stock worth $9,793,000 after acquiring an additional 207,950 shares during the last quarter. Toronto Dominion Bank grew its position in Cohen Circle Acquisition Corp. II by 58.1% during the 4th quarter. Toronto Dominion Bank now owns 711,673 shares of the company’s stock worth $7,288,000 after acquiring an additional 261,673 shares during the last quarter. Radcliffe Capital Management L.P. grew its position in Cohen Circle Acquisition Corp. II by 12.1% during the 4th quarter. Radcliffe Capital Management L.P. now owns 616,577 shares of the company’s stock worth $6,314,000 after acquiring an additional 66,577 shares during the last quarter. Berkley W R Corp grew its position in Cohen Circle Acquisition Corp. II by 0.9% during the 4th quarter. Berkley W R Corp now owns 525,621 shares of the company’s stock worth $5,382,000 after acquiring an additional 4,709 shares during the last quarter. Finally, Mint Tower Capital Management B.V. bought a new position in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $4,096,000.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank‑check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost‑effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.