CO2 Energy Transition Corp. (NASDAQ:NOEMU – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 2 shares, a decline of 85.7% from the October 15th total of 14 shares. Based on an average trading volume of 692 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On CO2 Energy Transition
An institutional investor recently bought a new position in CO2 Energy Transition stock. PenderFund Capital Management Ltd. bought a new position in CO2 Energy Transition Corp. (NASDAQ:NOEMU – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 35,600 shares of the company’s stock, valued at approximately $376,000.
CO2 Energy Transition Stock Down 1.5%
NASDAQ NOEMU traded down $0.17 during trading on Wednesday, hitting $10.71. The stock had a trading volume of 679 shares, compared to its average volume of 2,759. CO2 Energy Transition has a one year low of $10.56 and a one year high of $17.00. The stock has a 50 day simple moving average of $11.46 and a 200 day simple moving average of $11.25.
About CO2 Energy Transition
CO2 Energy Transition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, or similar business combination. Its stated focus is on opportunities related to the energy transition. The company does not operate an energy business or currently offer products or services. Its activities center on identifying and evaluating a potential combination with an operating company. Because CO2 Energy Transition has not completed a business combination, it does not have established operating markets or customer geographies to describe.
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