Twelve Seas Investment Company II (NASDAQ:TWLVU) Short Interest Down 85.4% in May

Twelve Seas Investment Company II (NASDAQ:TWLVUGet Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 28 shares, a decline of 85.4% from the May 14th total of 192 shares. Based on an average trading volume of 10,927 shares, the short-interest ratio is presently 0.0 days.

Twelve Seas Investment Company II Price Performance

Shares of TWLVU stock opened at $10.10 on Friday. Twelve Seas Investment Company II has a 1 year low of $9.95 and a 1 year high of $10.41. The firm has a fifty day moving average price of $10.10 and a 200-day moving average price of $10.18.

Institutional Investors Weigh In On Twelve Seas Investment Company II

Hedge funds have recently modified their holdings of the business. Adage Capital Partners GP L.L.C. bought a new position in shares of Twelve Seas Investment Company II during the 4th quarter valued at approximately $13,432,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Twelve Seas Investment Company II during the 4th quarter valued at about $7,960,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of Twelve Seas Investment Company II during the 4th quarter valued at approximately $7,960,000. AQR Arbitrage LLC bought a new position in shares of Twelve Seas Investment Company II during the 4th quarter valued at approximately $7,783,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Twelve Seas Investment Company II during the 4th quarter valued at approximately $5,970,000.

About Twelve Seas Investment Company II

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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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