Twelve Seas Investment Company II (NASDAQ:TWLVU) Trading Down 0.4% – Here’s What Happened

Twelve Seas Investment Company II (NASDAQ:TWLVU)’s stock price dropped 0.4% during trading on Monday . The stock traded as low as $10.16 and last traded at $10.16. Approximately 412 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 25,444 shares. The stock had previously closed at $10.20.

Twelve Seas Investment Company II Trading Down 0.4%

The business’s 50-day moving average price is $10.17 and its 200 day moving average price is $10.14.

Hedge Funds Weigh In On Twelve Seas Investment Company II

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TWLVU. Evercore Wealth Management LLC bought a new position in Twelve Seas Investment Company II in the 4th quarter worth about $135,000. StoneX Group Inc. bought a new stake in shares of Twelve Seas Investment Company II during the 4th quarter valued at about $213,000. HRT Financial LP bought a new stake in shares of Twelve Seas Investment Company II during the 4th quarter valued at about $268,000. ABC Arbitrage SA bought a new stake in shares of Twelve Seas Investment Company II during the 4th quarter valued at about $398,000. Finally, Toronto Dominion Bank purchased a new position in shares of Twelve Seas Investment Company II during the fourth quarter worth about $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.