Rivernorth Capital Management LLC Acquires New Position in Tailwind 2.0 Acquisition Corp. $TDWD

Rivernorth Capital Management LLC acquired a new stake in shares of Tailwind 2.0 Acquisition Corp. (NASDAQ:TDWD) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 400,000 shares of the company’s stock, valued at approximately $3,968,000. Rivernorth Capital Management LLC owned approximately 1.70% of Tailwind 2.0 Acquisition as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Evercore Wealth Management LLC bought a new stake in shares of Tailwind 2.0 Acquisition in the 1st quarter valued at approximately $230,000. Sona Asset Management US LLC acquired a new position in Tailwind 2.0 Acquisition in the first quarter worth $2,660,000. Polar Asset Management Partners Inc. bought a new stake in Tailwind 2.0 Acquisition during the first quarter valued at $3,968,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Tailwind 2.0 Acquisition during the first quarter valued at $3,976,000.

Tailwind 2.0 Acquisition Stock Performance

Shares of NASDAQ TDWD opened at $10.06 on Wednesday. Tailwind 2.0 Acquisition Corp. has a 12-month low of $9.83 and a 12-month high of $10.14. The business has a 50 day moving average of $10.04.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Tailwind 2.0 Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Tailwind 2.0 Acquisition

Tailwind 2.0 Acquisition Corp is a blank check company.