Tailwind Two Acquisition Corp. (NYSE:TWNT) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 997,600 shares, an increase of 2,671.1% from the December 15th total of 36,000 shares. Based on an average trading volume of 323,400 shares, the days-to-cover ratio is currently 3.1 days.
Tailwind Two Acquisition stock opened at $9.89 on Friday. Tailwind Two Acquisition has a 12 month low of $9.62 and a 12 month high of $10.10. The business has a 50 day simple moving average of $9.90 and a 200-day simple moving average of $9.78.
A number of large investors have recently bought and sold shares of TWNT. Omni Partners US LLC lifted its position in Tailwind Two Acquisition by 2.1% during the 3rd quarter. Omni Partners US LLC now owns 350,172 shares of the company’s stock worth $3,407,000 after acquiring an additional 7,160 shares during the period. Cohanzick Management LLC boosted its holdings in Tailwind Two Acquisition by 2.7% in the second quarter. Cohanzick Management LLC now owns 243,861 shares of the company’s stock valued at $2,355,000 after acquiring an additional 6,335 shares during the last quarter. Dark Forest Capital Management LP purchased a new position in Tailwind Two Acquisition in the third quarter valued at about $687,000. Ancora Advisors LLC raised its position in Tailwind Two Acquisition by 9.2% in the third quarter. Ancora Advisors LLC now owns 27,300 shares of the company’s stock valued at $266,000 after purchasing an additional 2,300 shares during the period. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Tailwind Two Acquisition during the fourth quarter worth about $247,000. Institutional investors own 50.81% of the company’s stock.
Tailwind Two Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
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