Karbon Capital Partners Corp. (NASDAQ:KBON) Stock Short Interest Climbs 835.7%

Karbon Capital Partners Corp. (NASDAQ:KBON) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 131 shares, a growth of 835.7% from the October 15th total of 14 shares. Based on an average daily volume of 109,961 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Karbon Capital Partners from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 13th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Karbon Capital Partners Stock Performance

Shares of NASDAQ:KBON opened at $10.15 on Friday. The firm’s 50 day moving average is $10.11 and its two-hundred day moving average is $10.09. Karbon Capital Partners has a 52 week low of $10.02 and a 52 week high of $10.16.

About Karbon Capital Partners

Karbon Capital Partners is a special purpose acquisition company (SPAC), a company formed to pursue a merger, acquisition or similar business combination with an existing business. It does not have operating products or services of its own. Its principal activity is identifying and evaluating a potential business combination. Information about its target industry focus, geographic reach and leadership is not included here because I could not verify those details.