CO2 Energy Transition Corp. (NASDAQ:NOEMU – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 23 shares, a decline of 90.0% from the September 15th total of 231 shares. Based on an average daily volume of 560 shares, the short-interest ratio is presently 0.0 days.
CO2 Energy Transition Stock Performance
Shares of CO2 Energy Transition stock traded down $0.12 during trading hours on Friday, hitting $11.70. The company’s stock had a trading volume of 328 shares, compared to its average volume of 3,202. CO2 Energy Transition has a twelve month low of $10.56 and a twelve month high of $17.00. The firm has a fifty day moving average of $11.61 and a 200-day moving average of $11.27.
Institutional Trading of CO2 Energy Transition
A hedge fund recently bought a new position in CO2 Energy Transition stock. PenderFund Capital Management Ltd. acquired a new stake in CO2 Energy Transition Corp. (NASDAQ:NOEMU – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 35,600 shares of the company’s stock, valued at approximately $376,000.
About CO2 Energy Transition
CO2 Energy Transition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more businesses. Its publicly traded units are listed under the symbol NOEMU on the Nasdaq.
The company has indicated that it intends to focus on opportunities related to the energy transition, including businesses involved in decarbonization, renewable energy, energy efficiency, clean technology and related infrastructure.
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