Twelve Seas Investment Company II (NASDAQ:TWLV) Short Interest Update

Twelve Seas Investment Company II (NASDAQ:TWLV) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,202 shares, a decrease of 56.2% from the April 30th total of 7,316 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 3,871 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Twelve Seas Investment Company II from a “sell (e-)” rating to a “sell (e)” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Twelve Seas Investment Company II currently has a consensus rating of “Sell”.

Twelve Seas Investment Company II Trading Down 0.1%

NASDAQ:TWLV opened at $9.98 on Monday. The business’s fifty day moving average is $9.93 and its 200 day moving average is $10.12. Twelve Seas Investment Company II has a 52-week low of $9.84 and a 52-week high of $10.38.

Twelve Seas Investment Company II (NASDAQ:TWLV) last posted its earnings results on Friday, May 15th. The company reported $0.06 earnings per share for the quarter.

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.