K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII – Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 764 shares, a decline of 22.1% from the February 12th total of 981 shares. Based on an average daily trading volume, of 10,655 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 10,655 shares, the short-interest ratio is currently 0.1 days.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Report on K&F GROWTH ACQUISITION CORP. II
K&F GROWTH ACQUISITION CORP. II Stock Performance
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of K&F GROWTH ACQUISITION CORP. II in the second quarter valued at approximately $20,360,000. Hudson Bay Capital Management LP lifted its position in K&F GROWTH ACQUISITION CORP. II by 2.0% in the second quarter. Hudson Bay Capital Management LP now owns 1,257,080 shares of the company’s stock worth $12,797,000 after purchasing an additional 25,000 shares during the period. Magnetar Financial LLC bought a new position in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at $12,681,000. Alberta Investment Management Corp bought a new position in K&F GROWTH ACQUISITION CORP. II during the 2nd quarter valued at $12,598,000. Finally, Wolverine Asset Management LLC increased its position in shares of K&F GROWTH ACQUISITION CORP. II by 0.8% during the 4th quarter. Wolverine Asset Management LLC now owns 1,198,935 shares of the company’s stock valued at $12,397,000 after purchasing an additional 9,540 shares during the period.
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.
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