Kensington Capital Acquisition Corp. V (NYSE:KCGI – Get Rating) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 6,500 shares, a growth of 12.1% from the February 28th total of 5,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 144,700 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On Kensington Capital Acquisition Corp. V
Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Montreal Can grew its position in Kensington Capital Acquisition Corp. V by 9.2% in the fourth quarter. Bank of Montreal Can now owns 1,423,748 shares of the company's stock worth $14,522,000 after acquiring an additional 120,000 shares in the last quarter. Weiss Asset Management LP boosted its holdings in Kensington Capital Acquisition Corp. V by 92.9% in the third quarter. Weiss Asset Management LP now owns 1,038,413 shares of the company's stock worth $10,348,000 after purchasing an additional 500,000 shares during the last quarter. Bank of America Corp DE boosted its holdings in Kensington Capital Acquisition Corp. V by 1.6% in the first 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. Mizuho Securities USA LLC raised its position in Kensington Capital Acquisition Corp. V by 3,635.1% in the fourth quarter. Mizuho Securities USA LLC now owns 504,232 shares of the company's stock worth $5,042,000 after acquiring an additional 490,732 shares during the period. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Kensington Capital Acquisition Corp. V during the 3rd quarter valued at $3,263,000.
Get Kensington Capital Acquisition Corp. V alerts:Kensington Capital Acquisition Corp. V Trading Up 0.1 %
Shares of KCGI stock traded up $0.01 during trading hours on Friday, reaching $10.42. The company's stock had a trading volume of 19,956 shares, compared to its average volume of 152,334. The firm's 50 day simple moving average is $10.34 and its 200-day simple moving average is $10.18. Kensington Capital Acquisition Corp. V has a fifty-two week low of $9.85 and a fifty-two week high of $10.50.
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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