TENOR CAPITAL MANAGEMENT Co. L.P. Acquires New Stake in PropTech Investment Co. II (NASDAQ:PTIC)

TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in PropTech Investment Co. II (NASDAQ:PTIC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 241,999 shares of the company’s stock, valued at approximately $2,369,000. TENOR CAPITAL MANAGEMENT Co. L.P. owned 3.53% of PropTech Investment Co. II as of its most recent filing with the Securities & Exchange Commission.

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

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. The stock has a fifty day simple moving average of $9.79. PropTech Investment Co. II has a fifty-two week low of $9.67 and a fifty-two week high of $10.70.

PropTech Investment Co. II 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.

Further Reading: Liquidity

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

Receive News & Ratings for PropTech Investment Co. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PropTech Investment Co. II and related companies with MarketBeat.com's FREE daily email newsletter.