TENOR CAPITAL MANAGEMENT Co. L.P. Buys Shares of 241,999 PropTech Investment Co. II (NASDAQ:PTIC)

TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in PropTech Investment Co. II (NASDAQ:PTIC) during the first quarter, Holdings Channel.com reports. The fund bought 241,999 shares of the company’s stock, valued at approximately $2,369,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Aristeia Capital LLC acquired a new stake in PropTech Investment Co. II in the 1st quarter valued at approximately $14,685,000. Polar Asset Management Partners Inc. bought a new stake in shares of PropTech Investment Co. II in the 1st quarter worth approximately $12,722,000. Citadel Advisors LLC bought a new stake in shares of PropTech Investment Co. II in the 1st quarter worth approximately $11,301,000. Radcliffe Capital Management L.P. bought a new stake in shares of PropTech Investment Co. II in the 1st quarter worth approximately $7,343,000. Finally, Fir Tree Capital Management LP bought a new position in shares of PropTech Investment Co. II during the 1st quarter worth approximately $7,343,000.

Shares of PropTech Investment Co. II stock traded up $0.03 during midday trading on Thursday, hitting $9.73. 17,896 shares of the company were exchanged, compared to its average volume of 42,226. PropTech Investment Co. II has a 52 week low of $9.67 and a 52 week high of $10.70. The firm has a 50 day simple moving average of $9.79.

PropTech Investment Co. II Company Profile

Proptech Investment Corporation II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the PropTech or real estate industries. The company was incorporated in 2020 and is based in Wilson, Wyoming.

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Institutional Ownership by Quarter for PropTech Investment Co. II (NASDAQ:PTIC)

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