Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) Trading Up 0.2% – Still a Buy?

Cohen Circle Acquisition Corp. II (NASDAQ:CCIIW) shares were up 0.2% on Thursday . The company traded as high as $0.6901 and last traded at $0.6017. Approximately 38,502 shares were traded during trading, an increase of 32% from the average daily volume of 29,131 shares. The stock had previously closed at $0.6006.

Cohen Circle Acquisition Corp. II Trading Up 0.2%

Institutional Trading of Cohen Circle Acquisition Corp. II

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harraden Circle Investments LLC lifted its holdings in Cohen Circle Acquisition Corp. II by 8.5% during the 4th quarter. Harraden Circle Investments LLC now owns 639,955 shares of the company’s stock worth $448,000 after buying an additional 50,400 shares during the period. Meteora Capital LLC increased its stake in shares of Cohen Circle Acquisition Corp. II by 15.6% in the fourth quarter. Meteora Capital LLC now owns 458,921 shares of the company’s stock valued at $321,000 after buying an additional 61,819 shares during the period. Toronto Dominion Bank raised its position in shares of Cohen Circle Acquisition Corp. II by 36.8% during the fourth quarter. Toronto Dominion Bank now owns 256,507 shares of the company’s stock worth $180,000 after acquiring an additional 69,007 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Cohen Circle Acquisition Corp. II in the fourth quarter worth approximately $53,000. Finally, Weiss Asset Management LP bought a new stake in Cohen Circle Acquisition Corp. II in the fourth quarter valued at approximately $39,000.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II is a special purpose acquisition company (SPAC) organized to raise capital through the public markets for the purpose of effecting one or more business combinations. It is listed on the Nasdaq under the ticker CCIIW. As a blank‑check company, it does not operate a conventional commercial business but instead focuses on identifying, negotiating and completing a merger, capital stock exchange, asset acquisition, or similar business combination with a private company.

The company’s principal activities center on sourcing and evaluating potential target businesses, conducting due diligence, negotiating transaction terms and securing shareholder and regulatory approvals for proposed deals.