Short Interest in Tailwind Two Acquisition Corp. (NYSE:TWNT) Increases By 2,671.1%

Tailwind Two Acquisition Corp. (NYSE:TWNT) saw a significant increase in short interest during the month of 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 daily volume of 323,400 shares, the short-interest ratio is currently 3.1 days.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dark Forest Capital Management LP purchased a new position in shares of Tailwind Two Acquisition in the third quarter worth $687,000. Ancora Advisors LLC purchased a new position in shares of Tailwind Two Acquisition in the second quarter worth $241,000. FNY Investment Advisers LLC purchased a new position in shares of Tailwind Two Acquisition in the fourth quarter worth $247,000. Toroso Investments LLC purchased a new position in shares of Tailwind Two Acquisition in the third quarter worth $102,000. Finally, Robinson Capital Management LLC increased its stake in shares of Tailwind Two Acquisition by 239.9% in the third quarter. Robinson Capital Management LLC now owns 10,512 shares of the company’s stock worth $102,000 after buying an additional 7,419 shares during the period. 50.81% of the stock is currently owned by institutional investors and hedge funds.

TWNT opened at $9.89 on Friday. Tailwind Two Acquisition has a fifty-two week low of $9.62 and a fifty-two week high of $10.10. The firm has a 50-day moving average of $9.90 and a 200 day moving average of $9.78.

Tailwind Two Acquisition Company Profile

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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