Concord Acquisition Corp II (NYSE:CNDA) Short Interest Update

Concord Acquisition Corp II (NYSE:CNDA) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 37,700 shares, a drop of 10.0% from the March 15th total of 41,900 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 61,700 shares, the days-to-cover ratio is currently 0.6 days.

Concord Acquisition Corp II Price Performance

CNDA traded down $0.01 on Wednesday, hitting $10.54. The company had a trading volume of 15,308 shares, compared to its average volume of 63,666. Concord Acquisition Corp II has a 52-week low of $10.13 and a 52-week high of $10.90. The business has a fifty day simple moving average of $10.49.

Institutional Trading of Concord Acquisition Corp II

Institutional investors and hedge funds have recently bought and sold shares of the stock. Hudson Bay Capital Management LP purchased a new position in shares of Concord Acquisition Corp II during the third quarter valued at approximately $5,880,000. Tuttle Capital Management LLC raised its holdings in Concord Acquisition Corp II by 38.9% in the 4th quarter. Tuttle Capital Management LLC now owns 35,714 shares of the company’s stock worth $371,000 after acquiring an additional 10,000 shares during the last quarter. Kepos Capital LP raised its holdings in Concord Acquisition Corp II by 860.0% in the 3rd quarter. Kepos Capital LP now owns 1,600,000 shares of the company’s stock worth $16,448,000 after acquiring an additional 1,433,334 shares during the last quarter. Wealthspring Capital LLC purchased a new position in Concord Acquisition Corp II in the 4th quarter worth approximately $1,769,000. Finally, Schechter Investment Advisors LLC purchased a new position in Concord Acquisition Corp II in the 4th quarter worth approximately $9,118,000.

About Concord Acquisition Corp II