Short Interest in Twelve Seas Investment Company II (NASDAQ:TWLV) Drops By 90.9%

Twelve Seas Investment Company II (NASDAQ:TWLV) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decrease of 90.9% from the March 31st total of 1,100 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.0 days.

Twelve Seas Investment Company II Stock Performance

Shares of NASDAQ:TWLV remained flat at $10.71 during trading on Friday. 13 shares of the stock traded hands, compared to its average volume of 1,748. Twelve Seas Investment Company II has a 52 week low of $10.02 and a 52 week high of $11.85. The stock has a fifty day simple moving average of $10.74 and a 200 day simple moving average of $10.69.

Institutional Trading of Twelve Seas Investment Company II

A hedge fund recently raised its stake in Twelve Seas Investment Company II stock. Clear Street LLC increased its holdings in Twelve Seas Investment Company II (NASDAQ:TWLV) by 871.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,876 shares of the company’s stock after purchasing an additional 4,374 shares during the quarter. Clear Street LLC’s holdings in Twelve Seas Investment Company II were worth $51,000 at the end of the most recent reporting period. Institutional investors own 7.89% of the company’s stock.

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.