Energy Transition Special Opportunities (NYSE:ETSS) Sees Significant Decline in Short Interest

Energy Transition Special Opportunities (NYSE:ETSS) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,140 shares, a decline of 38.1% from the August 31st total of 3,455 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 115,393 shares, the days-to-cover ratio is presently 0.0 days.

Energy Transition Special Opportunities Price Performance

Shares of NYSE ETSS traded up $0.01 during mid-day trading on Thursday, reaching $9.96. 97,661 shares of the company were exchanged, compared to its average volume of 51,718. The business has a 50-day simple moving average of $9.92. Energy Transition Special Opportunities has a 1 year low of $9.77 and a 1 year high of $10.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Energy Transition Special Opportunities in a research report on Friday, August 28th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Trading of Energy Transition Special Opportunities

A hedge fund recently bought a new stake in Energy Transition Special Opportunities stock. Nilsine Partners LLC bought a new stake in Energy Transition Special Opportunities (NYSE:ETSS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 57,271 shares of the company’s stock, valued at approximately $963,000. Nilsine Partners LLC owned 0.38% of Energy Transition Special Opportunities at the end of the most recent reporting period.

Energy Transition Special Opportunities Company Profile

Energy Transition Special Opportunities Corp. is a special purpose acquisition company (SPAC) formed to pursue a business combination with a company operating in the energy transition sector.

As a SPAC, the company does not operate a conventional business or offer its own products and services. Its activities primarily involve identifying a potential merger, acquisition or similar transaction with a target business.

Publicly available information about the company’s specific target, operating geographies and leadership is limited.