Nabors Energy Transition Corp. II (NASDAQ:NETD) Short Interest Down 24.7% in January

Nabors Energy Transition Corp. II (NASDAQ:NETD) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 6,100 shares, a decline of 24.7% from the December 31st total of 8,100 shares. Based on an average trading volume of 38,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Nabors Energy Transition Corp. II

Several large investors have recently bought and sold shares of the company. Dakota Wealth Management grew its stake in Nabors Energy Transition Corp. II by 12.1% in the 3rd quarter. Dakota Wealth Management now owns 59,375 shares of the company’s stock valued at $633,000 after acquiring an additional 6,400 shares during the last quarter. Berkley W R Corp grew its position in shares of Nabors Energy Transition Corp. II by 1.7% in the third quarter. Berkley W R Corp now owns 489,266 shares of the company’s stock valued at $5,216,000 after purchasing an additional 8,100 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Nabors Energy Transition Corp. II by 51.9% during the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock worth $298,000 after purchasing an additional 9,557 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Nabors Energy Transition Corp. II during the 3rd quarter worth approximately $2,130,000. Finally, Wolverine Asset Management LLC purchased a new stake in Nabors Energy Transition Corp. II in the 3rd quarter valued at approximately $6,599,000. Institutional investors and hedge funds own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Stock Up 0.0 %

NASDAQ NETD opened at $10.85 on Friday. The business has a 50 day moving average price of $10.79 and a 200 day moving average price of $10.70. Nabors Energy Transition Corp. II has a 1-year low of $10.38 and a 1-year high of $10.87.

Nabors Energy Transition Corp. II Company Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.