Short Interest in Tishman Speyer Innovation Corp. II (NASDAQ:TSIB) Drops By 38.1%

Tishman Speyer Innovation Corp. II (NASDAQ:TSIBGet Rating) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 13,000 shares, a decrease of 38.1% from the April 30th total of 21,000 shares. Based on an average daily volume of 41,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Shares of TSIB stock opened at $9.76 on Friday. The stock’s fifty day moving average is $9.79 and its 200-day moving average is $9.77. Tishman Speyer Innovation Corp. II has a 52 week low of $9.69 and a 52 week high of $9.98.

Hedge funds have recently made changes to their positions in the company. Wolverine Asset Management LLC bought a new stake in shares of Tishman Speyer Innovation Corp. II during the first quarter worth $41,000. Magnetar Financial LLC acquired a new position in shares of Tishman Speyer Innovation Corp. II during the third quarter valued at $101,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Tishman Speyer Innovation Corp. II during the fourth quarter valued at $194,000. Rivernorth Capital Management LLC acquired a new position in shares of Tishman Speyer Innovation Corp. II during the third quarter valued at $320,000. Finally, Kohlberg Kravis Roberts & Co. L.P. acquired a new position in shares of Tishman Speyer Innovation Corp. II during the first quarter valued at $331,000. Institutional investors own 53.87% of the company’s stock.

About Tishman Speyer Innovation Corp. II (Get Rating)

Tishman Speyer Innovation Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses. The company was formerly known as TS Innovation II Corp.

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