Glazer Capital LLC Has $6.74 Million Stock Holdings in Tuscan Holdings Corp. II (NASDAQ:THCA)

Glazer Capital LLC decreased its position in Tuscan Holdings Corp. II (NASDAQ:THCA) by 33.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 670,902 shares of the company’s stock after selling 335,163 shares during the quarter. Glazer Capital LLC’s holdings in Tuscan Holdings Corp. II were worth $6,742,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of THCA. Manchester Capital Management LLC bought a new position in Tuscan Holdings Corp. II in the first quarter valued at about $36,000. UBS Group AG boosted its holdings in Tuscan Holdings Corp. II by 1,434.7% in the first quarter. UBS Group AG now owns 9,024 shares of the company’s stock valued at $91,000 after acquiring an additional 8,436 shares during the last quarter. Geode Capital Management LLC bought a new position in Tuscan Holdings Corp. II in the first quarter valued at about $106,000. Highland Capital Management Fund Advisors L.P. bought a new position in Tuscan Holdings Corp. II in the first quarter valued at about $151,000. Finally, Morgan Stanley boosted its holdings in Tuscan Holdings Corp. II by 16.0% during the first quarter. Morgan Stanley now owns 25,445 shares of the company’s stock worth $257,000 after buying an additional 3,517 shares during the last quarter. Institutional investors and hedge funds own 67.88% of the company’s stock.

THCA traded up $0.01 during midday trading on Thursday, reaching $10.12. 3,644 shares of the company were exchanged, compared to its average volume of 171,116. Tuscan Holdings Corp. II has a one year low of $9.93 and a one year high of $11.65. The stock’s 50-day simple moving average is $10.07 and its 200 day simple moving average is $10.05.

Tuscan Holdings Corp. II Profile

Tuscan Holdings Corp. II does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2019 and is based in New York, New York.

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Want to see what other hedge funds are holding THCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tuscan Holdings Corp. II (NASDAQ:THCA).

Institutional Ownership by Quarter for Tuscan Holdings Corp. II (NASDAQ:THCA)

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