Twelve Seas Investment Company II (NASDAQ:TWLVW) Sees Significant Increase in Short Interest

Twelve Seas Investment Company II (NASDAQ:TWLVW) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 13,200 shares, an increase of 76.0% from the February 29th total of 7,500 shares. Based on an average trading volume of 28,900 shares, the short-interest ratio is presently 0.5 days.

Twelve Seas Investment Company II Stock Performance

NASDAQ:TWLVW opened at $0.01 on Thursday. Twelve Seas Investment Company II has a fifty-two week low of $0.02 and a fifty-two week high of $0.25. The company has a fifty day moving average of $0.11 and a two-hundred day moving average of $0.06.

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.