Short Interest in Twelve Seas Investment Company II (NASDAQ:TWLVW) Declines By 66.7%

Twelve Seas Investment Company II (NASDAQ:TWLVW) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 800 shares, a drop of 66.7% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is currently 0.0 days.

Twelve Seas Investment Company II Price Performance

Shares of NASDAQ:TWLVW traded up $0.01 on Thursday, reaching $0.11. 1,226 shares of the company traded hands, compared to its average volume of 47,069. The company’s 50 day moving average is $0.08 and its 200-day moving average is $0.06. Twelve Seas Investment Company II has a fifty-two week low of $0.02 and a fifty-two week high of $0.25.

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.