Karbon Capital Partners Corp. (NASDAQ:KBON) Short Interest Update

Karbon Capital Partners Corp. (NASDAQ:KBON – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 166 shares, a decline of 60.5% from the August 31st total of 420 shares. Based on an average daily volume of 50,984 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Karbon Capital Partners from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on Karbon Capital Partners

Karbon Capital Partners Stock Performance

NASDAQ KBON traded up $0.04 during trading hours on Tuesday, hitting $10.11. 1,538 shares of the company traded hands, compared to its average volume of 74,611. The business’s 50-day moving average is $10.10 and its 200-day moving average is $10.09. Karbon Capital Partners has a twelve month low of $10.02 and a twelve month high of $10.15.

Karbon Capital Partners Company Profile

(Get Free Report)

We are a newly organized blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our only activities since inception have been organizational activities and those necessary to prepare for this offering. We have not selected any business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.

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