Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Stock Short Interest Report for October

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 5,073 shares, a drop of 36.8% from the September 30th total of 8,025 shares. Based on an average trading volume of 242,185 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

Several analysts recently commented on CCII shares. Wall Street Zen raised shares of Cohen Circle Acquisition Corp. II to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings raised shares of Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Cohen Circle Acquisition Corp. II Price Performance

Cohen Circle Acquisition Corp. II stock opened at $10.34 on Tuesday. The stock has a fifty day simple moving average of $10.31 and a two-hundred day simple moving average of $10.29. Cohen Circle Acquisition Corp. II has a 12 month low of $10.11 and a 12 month high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.06 earnings per share for the quarter.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Several hedge funds and other institutional investors have recently bought and sold shares of CCII. SkyView Investment Advisors LLC bought a new stake in shares of Cohen Circle Acquisition Corp. II in the second quarter worth approximately $515,000. Readystate Asset Management LP purchased a new position in shares of Cohen Circle Acquisition Corp. II during the second quarter valued at approximately $259,000. Finally, Sona Asset Management US LLC bought a new position in Cohen Circle Acquisition Corp. II during the first quarter valued at approximately $3,577,000.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a business combination with one or more private businesses, which may include a merger, acquisition, share exchange, or similar transaction.

As a SPAC, Cohen Circle Acquisition Corp. II does not currently operate a commercial business or offer products and services of its own. Its principal activities involve evaluating potential target companies, conducting due diligence, and seeking approval for a proposed transaction.