Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Short Interest Up 664.2% in July

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 14,520 shares, a growth of 664.2% from the June 30th total of 1,900 shares. Based on an average daily volume of 36,227 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Several hedge funds have recently bought and sold shares of CCII. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Cohen Circle Acquisition Corp. II in the fourth quarter worth $3,584,000. Mint Tower Capital Management B.V. purchased a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at $4,096,000. L1 Global Manager Pty Ltd acquired a new stake in shares of Cohen Circle Acquisition Corp. II during the fourth quarter valued at $512,000. Alyeska Investment Group L.P. acquired a new stake in shares of Cohen Circle Acquisition Corp. II during the fourth quarter valued at $344,000. Finally, Bulldog Investors LLP purchased a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth about $256,000.

Analyst Ratings Changes

A number of analysts have commented on the company. Wall Street Zen upgraded Cohen Circle Acquisition Corp. II to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Cohen Circle Acquisition Corp. II has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Trading Down 0.2%

CCII stock opened at $10.32 on Friday. The firm has a 50 day simple moving average of $10.31. Cohen Circle Acquisition Corp. II has a 12 month low of $10.07 and a 12 month high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.07 earnings per share (EPS) for the quarter.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank?check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost?effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.