Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Decreases By 37.3%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 222 shares, a decrease of 37.3% from the May 14th total of 354 shares. Based on an average daily trading volume, of 11,448 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sona Asset Management US LLC acquired a new position in K&F GROWTH ACQUISITION CORP. II in the 1st quarter valued at about $1,125,000. Berkley W R Corp grew its stake in 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 valued at $11,211,000 after buying an additional 99,400 shares during the last quarter. Toronto Dominion Bank grew its stake in K&F GROWTH ACQUISITION CORP. II by 45.6% in the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock valued at $2,258,000 after buying an additional 68,364 shares during the last quarter. Rivernorth Capital Management LLC grew its stake in K&F GROWTH ACQUISITION CORP. II by 2.0% in the 4th quarter. Rivernorth Capital Management LLC now owns 509,513 shares of the company’s stock valued at $5,258,000 after buying an additional 9,769 shares during the last quarter. Finally, Radcliffe Capital Management L.P. grew its stake in K&F GROWTH ACQUISITION CORP. II by 24.7% in the 4th quarter. Radcliffe Capital Management L.P. now owns 633,889 shares of the company’s stock valued at $6,551,000 after buying an additional 125,598 shares during the last quarter.

K&F GROWTH ACQUISITION CORP. II Price Performance

NASDAQ:KFII traded down $0.02 on Wednesday, hitting $10.55. The company’s stock had a trading volume of 580 shares, compared to its average volume of 59,558. The stock has a fifty day moving average of $10.50 and a two-hundred day moving average of $10.41. K&F GROWTH ACQUISITION CORP. II has a one year low of $10.14 and a one year high of $10.58.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last announced its quarterly earnings results on Friday, March 27th. The company reported $0.07 EPS 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.