Cowen AND Company LLC Takes $17.08 Million Position in Nabors Energy Transition Corp. II (NASDAQ:NETD)

Cowen AND Company LLC acquired a new stake in Nabors Energy Transition Corp. II (NASDAQ:NETDFree Report) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,677,458 shares of the company’s stock, valued at approximately $17,077,000. Nabors Energy Transition Corp. II makes up 1.2% of Cowen AND Company LLC’s portfolio, making the stock its 22nd biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Periscope Capital Inc. acquired a new stake in Nabors Energy Transition Corp. II during the 3rd quarter valued at approximately $11,575,000. Deutsche Bank AG bought a new position in shares of Nabors Energy Transition Corp. II in the 3rd quarter worth $6,773,000. Picton Mahoney Asset Management bought a new position in shares of Nabors Energy Transition Corp. II in the 3rd quarter worth $6,108,000. Schechter Investment Advisors LLC bought a new position in shares of Nabors Energy Transition Corp. II in the 3rd quarter worth $4,235,000. Finally, Gritstone Asset Management LLC bought a new position in shares of Nabors Energy Transition Corp. II during the third quarter valued at about $3,563,000.

Nabors Energy Transition Corp. II Stock Performance

NETD stock traded up $0.01 during trading on Monday, reaching $10.47. The stock had a trading volume of 225,296 shares, compared to its average volume of 82,253. Nabors Energy Transition Corp. II has a one year low of $10.12 and a one year high of $11.00. The stock has a 50 day moving average price of $10.40.

Nabors Energy Transition Corp. II Profile

(Free Report)

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. It 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.

Further Reading

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Institutional Ownership by Quarter for Nabors Energy Transition Corp. II (NASDAQ:NETD)

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