Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Rises By 49.0%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 894 shares, an increase of 49.0% from the November 30th total of 600 shares. Based on an average daily volume of 11,352 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 11,352 shares, the days-to-cover ratio is presently 0.1 days.

K&F GROWTH ACQUISITION CORP. II Trading Down 0.2%

Shares of NASDAQ KFII traded down $0.02 during midday trading on Monday, reaching $10.32. The company had a trading volume of 26,237 shares, compared to its average volume of 98,754. K&F GROWTH ACQUISITION CORP. II has a one year low of $9.90 and a one year high of $10.50. The company’s fifty day simple moving average is $10.29.

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.08 EPS for the quarter.

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

A number of hedge funds have recently modified their holdings of the company. Alyeska Investment Group L.P. purchased a new stake in shares of K&F GROWTH ACQUISITION CORP. II during the third quarter worth about $435,000. Clear Street Group Inc. purchased a new stake in K&F GROWTH ACQUISITION CORP. II in the 3rd quarter worth approximately $480,000. Gritstone Asset Management LLC purchased a new stake in K&F GROWTH ACQUISITION CORP. II in the 2nd quarter worth approximately $1,527,000. Radcliffe Capital Management L.P. bought a new stake in shares of K&F GROWTH ACQUISITION CORP. II in the 2nd quarter worth approximately $3,556,000. Finally, Shaolin Capital Management LLC increased its stake in shares of K&F GROWTH ACQUISITION CORP. II by 0.5% during the third quarter. Shaolin Capital Management LLC now owns 402,141 shares of the company’s stock valued at $4,108,000 after buying an additional 2,141 shares during the period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, K&F GROWTH ACQUISITION CORP. II presently has a consensus 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.