Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) Stock Price Up 0.1% – Time to Buy?

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) shares were up 0.1% during trading on Thursday . The company traded as high as $10.36 and last traded at $10.36. Approximately 135 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 13,537 shares. The stock had previously closed at $10.35.

Cohen Circle Acquisition Corp. II Stock Performance

Institutional Trading of Cohen Circle Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of CCIIU. Toronto Dominion Bank acquired a new stake in shares of Cohen Circle Acquisition Corp. II in the fourth quarter valued at approximately $159,000. Stoic Point Capital Management LLC bought a new stake in Cohen Circle Acquisition Corp. II in the 4th quarter valued at $261,000. Finally, Clear Street Group Inc. lifted its holdings in Cohen Circle Acquisition Corp. II by 254.9% during the 4th quarter. Clear Street Group Inc. now owns 561,740 shares of the company’s stock valued at $5,859,000 after purchasing an additional 403,466 shares during the last quarter.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II (NASDAQ: CCIIU) is a publicly traded special purpose acquisition company (SPAC), commonly referred to as a blank‑check company. Like other SPACs, it was formed to raise capital in the public markets for the purpose of identifying, negotiating and completing a business combination with one or more operating companies. Until a business combination is completed, the SPAC itself typically has no operating business beyond managing the proceeds of its offering and pursuing acquisition opportunities.

The company’s primary activities center on sourcing and evaluating potential target businesses, structuring and negotiating a merger or similar transaction, and completing the regulatory and shareholder approval processes required to effect a closing.