Twelve Seas Investment Company II (NASDAQ:TWLVU) Short Interest Update

Twelve Seas Investment Company II (NASDAQ:TWLVU) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 192 shares, a decrease of 50.6% from the April 30th total of 389 shares. Based on an average daily volume of 45 shares, the short-interest ratio is presently 4.3 days.

Twelve Seas Investment Company II Price Performance

NASDAQ TWLVU opened at $10.09 on Monday. The firm’s fifty day moving average price is $10.10 and its two-hundred day moving average price is $10.23. Twelve Seas Investment Company II has a fifty-two week low of $9.95 and a fifty-two week high of $10.41.

Hedge Funds Weigh In On Twelve Seas Investment Company II

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Evercore Wealth Management LLC acquired a new stake in shares of Twelve Seas Investment Company II during the fourth quarter valued at about $135,000. StoneX Group Inc. bought a new position in Twelve Seas Investment Company II in the 4th quarter valued at approximately $213,000. HRT Financial LP bought a new position in Twelve Seas Investment Company II in the 4th quarter valued at approximately $268,000. ABC Arbitrage SA acquired a new stake in Twelve Seas Investment Company II during the 4th quarter worth approximately $398,000. Finally, Toronto Dominion Bank acquired a new stake in Twelve Seas Investment Company II during the 4th quarter worth approximately $498,000.

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.