Concord Acquisition Corp II (NYSE:CNDA) Short Interest Update

Concord Acquisition Corp II (NYSE:CNDA) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 37,700 shares, a decline of 10.0% from the March 15th total of 41,900 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 61,700 shares, the short-interest ratio is presently 0.6 days.

Concord Acquisition Corp II Stock Down 0.1 %

NYSE:CNDA traded down $0.01 during mid-day trading on Wednesday, reaching $10.54. 15,308 shares of the stock were exchanged, compared to its average volume of 63,666. The business’s fifty day moving average price is $10.49. Concord Acquisition Corp II has a 1-year low of $10.13 and a 1-year high of $10.90.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CNDA. Kepos Capital LP boosted its position in shares of Concord Acquisition Corp II by 860.0% in the 3rd quarter. Kepos Capital LP now owns 1,600,000 shares of the company’s stock valued at $16,448,000 after purchasing an additional 1,433,334 shares during the period. Toroso Investments LLC acquired a new position in shares of Concord Acquisition Corp II in the 3rd quarter valued at $411,000. Hudson Bay Capital Management LP acquired a new position in shares of Concord Acquisition Corp II in the 3rd quarter valued at $5,880,000. Tuttle Capital Management LLC boosted its position in shares of Concord Acquisition Corp II by 38.9% in the 4th quarter. Tuttle Capital Management LLC now owns 35,714 shares of the company’s stock valued at $371,000 after purchasing an additional 10,000 shares during the period. Finally, Wealthspring Capital LLC acquired a new position in shares of Concord Acquisition Corp II in the 4th quarter valued at $1,769,000.

About Concord Acquisition Corp II