Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) Short Interest Update

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,370 shares, an increase of 139.5% from the April 15th total of 572 shares. Based on an average daily trading volume, of 504 shares, the short-interest ratio is currently 2.7 days.

Cohen Circle Acquisition Corp. II Trading Up 0.2%

CCIIU stock traded up $0.02 during trading on Friday, reaching $10.40. 1,076 shares of the company were exchanged, compared to its average volume of 11,689. Cohen Circle Acquisition Corp. II has a 52-week low of $10.13 and a 52-week high of $10.70. The firm’s 50 day moving average is $10.37.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

A number of institutional investors have recently modified their holdings of the company. Toronto Dominion Bank acquired a new position in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at approximately $159,000. Stoic Point Capital Management LLC acquired a new position in Cohen Circle Acquisition Corp. II during the fourth quarter worth approximately $261,000. Finally, Clear Street Group Inc. increased its position in Cohen Circle Acquisition Corp. II by 254.9% during the fourth quarter. Clear Street Group Inc. now owns 561,740 shares of the company’s stock worth $5,859,000 after purchasing an additional 403,466 shares during the last quarter.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II (NASDAQ: CCIIU) is a publicly traded special purpose acquisition company (SPAC), commonly referred to as a blank‑check company. Like other SPACs, it was formed to raise capital in the public markets for the purpose of identifying, negotiating and completing a business combination with one or more operating companies. Until a business combination is completed, the SPAC itself typically has no operating business beyond managing the proceeds of its offering and pursuing acquisition opportunities.

The company’s primary activities center on sourcing and evaluating potential target businesses, structuring and negotiating a merger or similar transaction, and completing the regulatory and shareholder approval processes required to effect a closing.