Short Interest in K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFIIU) Decreases By 95.5%

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFIIU) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 245 shares, a decline of 95.5% from the November 30th total of 5,430 shares. Based on an average daily trading volume, of 1,496 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,496 shares, the days-to-cover ratio is presently 0.2 days.

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

Several institutional investors have recently made changes to their positions in the stock. Conversant Capital LLC bought a new position in shares of K&F GROWTH ACQUISITION CORP. II during the 1st quarter worth about $453,000. Clear Street LLC raised its stake in K&F GROWTH ACQUISITION CORP. II by 610.6% during the 2nd quarter. Clear Street LLC now owns 50,042 shares of the company’s stock worth $517,000 after buying an additional 43,000 shares during the period. Clear Street Group Inc. bought a new position in K&F GROWTH ACQUISITION CORP. II in the third quarter worth approximately $530,000. Parallax Volatility Advisers L.P. bought a new position in K&F GROWTH ACQUISITION CORP. II in the first quarter worth approximately $1,258,000. Finally, Gritstone Asset Management LLC acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the first quarter valued at approximately $1,514,000.

K&F GROWTH ACQUISITION CORP. II Stock Performance

Shares of NASDAQ:KFIIU traded down $0.97 during mid-day trading on Thursday, hitting $10.51. The company had a trading volume of 600 shares, compared to its average volume of 97,640. The firm has a fifty day moving average price of $10.67 and a 200 day moving average price of $10.44. K&F GROWTH ACQUISITION CORP. II has a one year low of $10.00 and a one year high of $12.28.

K&F GROWTH ACQUISITION CORP. II Company Profile

K&F Growth Acquisition Corp. II is a Delaware‐incorporated special purpose acquisition company (SPAC) listed on the NASDAQ under the ticker KFIIU. As a blank check vehicle, the company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more target businesses. The SPAC structure allows K&F Growth Acquisition Corp. II to raise capital through an initial public offering and to hold the proceeds in a trust account until a suitable merger partner is identified.

The company’s investment strategy focuses on identifying companies with strong growth potential, primarily in sectors such as technology, healthcare, business services and industrials.