Twelve Seas Investment Company II (NASDAQ:TWLVU – Get Free Report) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 389 shares, a drop of 34.0% from the April 15th total of 589 shares. Based on an average daily volume of 145 shares, the days-to-cover ratio is currently 2.7 days.
Hedge Funds Weigh In On Twelve Seas Investment Company II
A number of institutional investors have recently bought and sold shares of the stock. Lineage Point Capital LP purchased a new position in Twelve Seas Investment Company II in the 4th quarter worth about $1,492,000. Virtu Financial LLC purchased a new position in Twelve Seas Investment Company II in the 4th quarter worth about $915,000. Alberta Investment Management Corp purchased a new position in Twelve Seas Investment Company II in the 4th quarter worth about $5,970,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in Twelve Seas Investment Company II in the 4th quarter worth about $7,960,000. Finally, Toronto Dominion Bank purchased a new position in Twelve Seas Investment Company II in the 4th quarter worth about $498,000.
Twelve Seas Investment Company II Price Performance
Shares of TWLVU opened at $10.10 on Monday. The business’s 50-day moving average price is $10.10 and its 200 day moving average price is $10.28. Twelve Seas Investment Company II has a 1-year low of $9.95 and a 1-year high of $10.41.
Twelve Seas Investment Company II Company Profile
Twelve Seas Investment Company II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Twelve Seas Investment Company II was incorporated in 2020 and is based in New York, New York.
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