K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Short Interest Update

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,505 shares, a growth of 85.8% from the June 30th total of 810 shares. Based on an average daily trading volume, of 14,422 shares, the days-to-cover ratio is currently 0.1 days.

K&F GROWTH ACQUISITION CORP. II Stock Performance

Shares of KFII traded up $0.02 during trading hours on Friday, hitting $10.62. 220 shares of the company were exchanged, compared to its average volume of 56,689. K&F GROWTH ACQUISITION CORP. II has a fifty-two week low of $10.16 and a fifty-two week high of $10.62. The firm’s fifty day moving average is $10.56 and its 200 day moving average is $10.47.

Hedge Funds Weigh In On K&F GROWTH ACQUISITION CORP. II

Several hedge funds and other institutional investors have recently made changes to their positions in KFII. ABC Arbitrage SA acquired a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the 4th quarter worth approximately $258,000. Alyeska Investment Group L.P. bought a new position in shares of K&F GROWTH ACQUISITION CORP. II in the 3rd quarter valued at $435,000. Sona Asset Management US LLC acquired a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 1st quarter worth $1,125,000. Toronto Dominion Bank lifted its position in shares of K&F GROWTH ACQUISITION CORP. II by 45.6% during the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock worth $2,258,000 after buying an additional 68,364 shares during the last quarter. Finally, L1 Global Manager Pty Ltd bought a new position in K&F GROWTH ACQUISITION CORP. II in the fourth quarter valued at about $2,585,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, K&F GROWTH ACQUISITION CORP. II has an average rating of “Sell”.

K&F GROWTH ACQUISITION CORP. II Company Profile

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.