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

Twelve Seas Investment Company II (NASDAQ:TWLVU) shares were down 0.4% during trading on Monday . The stock traded as low as $10.16 and last traded at $10.16. 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 Stock Down 0.4%

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

Institutional Trading of Twelve Seas Investment Company II

Hedge funds and other institutional investors have recently made changes to their positions in the stock. 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. purchased a new stake in shares of Twelve Seas Investment Company II in the fourth quarter worth about $213,000. HRT Financial LP bought a new position in shares of Twelve Seas Investment Company II in the fourth quarter valued at approximately $268,000. ABC Arbitrage SA bought a new position in shares of Twelve Seas Investment Company II in the fourth quarter valued at approximately $398,000. Finally, Toronto Dominion Bank purchased a new position in Twelve Seas Investment Company II during the fourth quarter valued at approximately $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.