Kensington Capital Acquisition Corp. V (NYSE:KCGI – Get Rating) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 124,000 shares, a growth of 1,178.4% from the September 30th total of 9,700 shares. Based on an average daily trading volume, of 67,000 shares, the days-to-cover ratio is currently 1.9 days.
Kensington Capital Acquisition Corp. V Price Performance
NYSE KCGI opened at $10.05 on Thursday. The company has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $9.93. Kensington Capital Acquisition Corp. V has a 52-week low of $9.81 and a 52-week high of $10.38.
Get Kensington Capital Acquisition Corp. V alerts:Institutional Trading of Kensington Capital Acquisition Corp. V
A number of institutional investors and hedge funds have recently modified their holdings of the company. Arena Investors LP acquired a new position in Kensington Capital Acquisition Corp. V in the 1st quarter valued at $66,000. Hartree Partners LP acquired a new stake in Kensington Capital Acquisition Corp. V in the 2nd quarter worth $4,945,000. Bank of Montreal Can acquired a new stake in Kensington Capital Acquisition Corp. V in the 1st quarter worth $10,949,000. Bank of America Corp DE grew its position in Kensington Capital Acquisition Corp. V by 1.6% in the 1st quarter. Bank of America Corp DE now owns 799,100 shares of the company's stock worth $7,935,000 after purchasing an additional 12,500 shares during the last quarter. Finally, Kohlberg Kravis Roberts & Co. L.P. grew its position in Kensington Capital Acquisition Corp. V by 51.1% in the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 66,086 shares of the company's stock worth $656,000 after purchasing an additional 22,355 shares during the last quarter.
Kensington Capital Acquisition Corp. V Company Profile
(Get Rating)Kensington Capital Acquisition Corp. V does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Westbury, New York.
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