Verition Fund Management LLC boosted its stake in shares of Tailwind Acquisition Corp. (NYSE:TWND – Get Rating) by 25.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,540 shares of the company’s stock after purchasing an additional 20,200 shares during the period. Verition Fund Management LLC owned approximately 0.24% of Tailwind Acquisition worth $995,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of TWND. Omni Event Management Ltd purchased a new position in Tailwind Acquisition during the fourth quarter worth approximately $7,803,000. Saba Capital Management L.P. purchased a new position in Tailwind Acquisition during the fourth quarter worth approximately $7,761,000. D. E. Shaw & Co. Inc. raised its stake in Tailwind Acquisition by 334.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 869,206 shares of the company’s stock worth $8,553,000 after purchasing an additional 669,206 shares during the period. Marshall Wace LLP raised its stake in Tailwind Acquisition by 49.5% during the fourth quarter. Marshall Wace LLP now owns 1,628,144 shares of the company’s stock worth $16,021,000 after purchasing an additional 539,416 shares during the period. Finally, Cohanzick Management LLC raised its stake in shares of Tailwind Acquisition by 1,624.0% in the 1st quarter. Cohanzick Management LLC now owns 318,515 shares of the company’s stock valued at $3,152,000 after acquiring an additional 300,040 shares during the period. Hedge funds and other institutional investors own 74.90% of the company’s stock.
Tailwind Acquisition Price Performance
Shares of TWND stock opened at $10.05 on Thursday. The company’s fifty day simple moving average is $10.00 and its 200-day simple moving average is $9.95. Tailwind Acquisition Corp. has a 52 week low of $9.75 and a 52 week high of $10.18.
Tailwind Acquisition Profile
Tailwind Acquisition Corp. 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. It intends to focus its search on companies in the consumer internet, digital media, and marketing technology sectors.
- Get a free copy of the StockNews.com research report on Tailwind Acquisition (TWND)
- The Worst May be Over for Target, But is the Stock Safe to Buy?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Two Fun Stocks The Insiders Are Buying
- Novavax Remains a Risk-On Stock in a Risk-Off Market
- 3 Defensive Stocks With 60-Year Dividend Hike Streaks
Receive News & Ratings for Tailwind Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tailwind Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.