Short Interest in Twelve Seas Investment Company II (NASDAQ:TWLV) Increases By 37.5%

Twelve Seas Investment Company II (NASDAQ:TWLV) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,100 shares, a growth of 37.5% from the March 15th total of 800 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Twelve Seas Investment Company II Price Performance

Shares of NASDAQ TWLV remained flat at $10.75 during trading on Friday. 2 shares of the stock traded hands, compared to its average volume of 1,728. Twelve Seas Investment Company II has a one year low of $10.02 and a one year high of $11.85. The stock has a 50-day moving average of $10.76 and a 200-day moving average of $10.67.

Institutional Trading of Twelve Seas Investment Company II

Several institutional investors have recently made changes to their positions in the stock. Clear Street LLC grew its stake in shares of Twelve Seas Investment Company II by 871.3% during the 4th quarter. Clear Street LLC now owns 4,876 shares of the company’s stock valued at $51,000 after buying an additional 4,374 shares during the period. Robinson Capital Management LLC grew its stake in shares of Twelve Seas Investment Company II by 155.6% during the 4th quarter. Robinson Capital Management LLC now owns 31,494 shares of the company’s stock valued at $337,000 after buying an additional 19,174 shares during the period. Westchester Capital Management LLC purchased a new stake in Twelve Seas Investment Company II during the 2nd quarter worth $639,000. Glazer Capital LLC boosted its position in Twelve Seas Investment Company II by 42.1% during the 1st quarter. Glazer Capital LLC now owns 200,000 shares of the company’s stock worth $2,048,000 after purchasing an additional 59,298 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Twelve Seas Investment Company II during the 4th quarter worth $2,262,000. 7.89% of the stock is owned by hedge funds and other institutional investors.

About Twelve Seas Investment Company II

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.