Tio Tech A (NASDAQ:TIOA – Get Rating) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,900 shares, a decline of 52.5% from the October 31st total of 4,000 shares. Based on an average daily trading volume, of 50,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's shares are short sold.

Tio Tech A Stock Performance

Shares of Tio Tech A stock traded up $0.01 during trading hours on Wednesday, hitting $10.01. The company's stock had a trading volume of 6,000 shares, compared to its average volume of 47,137. Tio Tech A has a twelve month low of $9.64 and a twelve month high of $10.03. The firm has a fifty day moving average of $9.94 and a 200-day moving average of $9.85.

Hedge Funds Weigh In On Tio Tech A

Several large investors have recently modified their holdings of TIOA. Millennium Management LLC lifted its stake in shares of Tio Tech A by 178.5% in the 2nd quarter. Millennium Management LLC now owns 484,353 shares of the company's stock valued at $4,732,000 after purchasing an additional 310,443 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Tio Tech A in the 1st quarter valued at $2,940,000. Spartan Fund Management Inc. purchased a new stake in shares of Tio Tech A in the 1st quarter valued at $3,308,000. Periscope Capital Inc. raised its holdings in shares of Tio Tech A by 44.4% in the 3rd quarter. Periscope Capital Inc. now owns 865,526 shares of the company's stock valued at $8,569,000 after buying an additional 266,126 shares during the period. Finally, Shaolin Capital Management LLC raised its holdings in shares of Tio Tech A by 657.9% in the 3rd quarter. Shaolin Capital Management LLC now owns 288,000 shares of the company's stock valued at $2,853,000 after buying an additional 250,000 shares during the period. Institutional investors and hedge funds own 55.39% of the company's stock.

Tio Tech A Company Profile

Tio Tech A does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Berlin, Germany.

Further Reading

• Get a free copy of the StockNews.com research report on Tio Tech A (TIOA)
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