CO2 Energy Transition Corp. (NASDAQ:NOEMU) Stock Short Interest Report for October

CO2 Energy Transition Corp. (NASDAQ:NOEMU) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 14 shares, a drop of 39.1% from the September 30th total of 23 shares. Based on an average daily volume of 2,961 shares, the days-to-cover ratio is currently 0.0 days.

CO2 Energy Transition Trading Up 2.7%

Shares of CO2 Energy Transition stock traded up $0.29 on Monday, reaching $11.16. 679 shares of the stock were exchanged, compared to its average volume of 2,759. The business has a fifty day moving average price of $11.59 and a two-hundred day moving average price of $11.26. CO2 Energy Transition has a 1-year low of $10.56 and a 1-year high of $17.00.

Institutional Investors Weigh In On CO2 Energy Transition

A hedge fund recently bought a new position in CO2 Energy Transition stock. PenderFund Capital Management Ltd. purchased a new stake in shares of CO2 Energy Transition Corp. (NASDAQ:NOEMU) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 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 business combination with a company operating in the energy-transition sector.

The company’s investment focus is expected to include businesses involved in decarbonization, clean energy, emissions reduction, sustainable infrastructure and related technologies or services. As a SPAC, it does not operate a conventional product or service business of its own before completing a merger or similar transaction.

Public information about CO2 Energy Transition Corp.’s operating history, geographic reach and leadership is limited.