Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Short Interest Up 664.2% in July

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 14,520 shares, a growth of 664.2% from the June 30th total of 1,900 shares. Based on an average daily volume of 36,227 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Cohen Circle Acquisition Corp. II during the fourth quarter worth about $3,584,000. Mint Tower Capital Management B.V. acquired a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter worth approximately $4,096,000. L1 Global Manager Pty Ltd bought a new stake in shares of Cohen Circle Acquisition Corp. II in the 4th quarter valued at approximately $512,000. Alyeska Investment Group L.P. acquired a new stake in shares of Cohen Circle Acquisition Corp. II during the 4th quarter valued at approximately $344,000. Finally, Bulldog Investors LLP bought a new position in Cohen Circle Acquisition Corp. II during the fourth quarter worth $256,000.

Cohen Circle Acquisition Corp. II Stock Performance

Shares of Cohen Circle Acquisition Corp. II stock opened at $10.32 on Monday. The firm has a fifty day moving average price of $10.31. Cohen Circle Acquisition Corp. II has a twelve month low of $10.07 and a twelve month high of $10.50.

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

Analyst Upgrades and Downgrades

CCII has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. Wall Street Zen upgraded Cohen Circle Acquisition Corp. II to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cohen Circle Acquisition Corp. II currently has a consensus rating of “Sell”.

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.