Short Interest in two (NYSE:TWOA) Declines By 87.5%

two (NYSE:TWOAGet Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 100 shares, a drop of 87.5% from the April 30th total of 800 shares. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 0.0 days.

Large investors have recently modified their holdings of the stock. Sculptor Capital LP increased its position in shares of TWO by 15.7% in the first quarter. Sculptor Capital LP now owns 2,073,495 shares of the company’s stock worth $20,279,000 after acquiring an additional 281,867 shares in the last quarter. Fir Tree Capital Management LP increased its position in shares of TWO by 2.8% in the first quarter. Fir Tree Capital Management LP now owns 1,151,011 shares of the company’s stock worth $11,257,000 after acquiring an additional 31,608 shares in the last quarter. Centiva Capital LP increased its position in shares of TWO by 35.9% in the third quarter. Centiva Capital LP now owns 1,006,929 shares of the company’s stock worth $9,858,000 after acquiring an additional 266,196 shares in the last quarter. RP Investment Advisors LP increased its position in shares of TWO by 23.5% in the first quarter. RP Investment Advisors LP now owns 800,586 shares of the company’s stock worth $7,830,000 after acquiring an additional 152,175 shares in the last quarter. Finally, Spring Creek Capital LLC increased its position in shares of TWO by 14.8% in the first quarter. Spring Creek Capital LLC now owns 688,569 shares of the company’s stock worth $6,734,000 after acquiring an additional 88,569 shares in the last quarter. Hedge funds and other institutional investors own 97.63% of the company’s stock.

TWOA stock traded up $0.01 during mid-day trading on Friday, hitting $9.76. 150,278 shares of the company were exchanged, compared to its average volume of 49,772. The firm has a fifty day simple moving average of $9.78 and a 200 day simple moving average of $9.75. TWO has a twelve month low of $9.65 and a twelve month high of $10.00.

About TWO (Get Rating)

two does not have any 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. The company was incorporated in 2021 and is based in San Francisco, California.

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