Twelve Seas Investment Company II (NASDAQ:TWLVU) Stock Price Up 1% – Time to Buy?

Shares of Twelve Seas Investment Company II (NASDAQ:TWLVU) rose 1% on Monday . The stock traded as high as $10.20 and last traded at $10.20. Approximately 600 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 26,103 shares. The stock had previously closed at $10.10.

Twelve Seas Investment Company II Stock Up 1.0%

The firm’s fifty day moving average price is $10.12 and its 200-day moving average price is $10.11.

Institutional Investors Weigh In On Twelve Seas Investment Company II

A number of large investors have recently added to or reduced their stakes in TWLVU. Adage Capital Partners GP L.L.C. purchased a new position in shares of Twelve Seas Investment Company II in the fourth quarter valued at about $13,432,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Twelve Seas Investment Company II during the fourth quarter worth about $7,960,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of Twelve Seas Investment Company II during the fourth quarter worth about $7,960,000. AQR Arbitrage LLC purchased a new stake in shares of Twelve Seas Investment Company II during the fourth quarter worth about $7,783,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Twelve Seas Investment Company II in the fourth quarter worth about $5,970,000.

About Twelve Seas Investment Company II

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.