Twelve Seas Investment Company II (NASDAQ:TWLVW) Short Interest Up 76.0% in March

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

Twelve Seas Investment Company II Trading Down 93.6 %

Shares of TWLVW stock opened at $0.01 on Thursday. The stock has a fifty day simple moving average of $0.11 and a two-hundred day simple moving average of $0.06. Twelve Seas Investment Company II has a 52-week low of $0.02 and a 52-week high of $0.25.

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.