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

CO2 Energy Transition Corp. (NASDAQ:NOEMU) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 14 shares, a decline of 39.1% from the September 30th total of 23 shares. Based on an average daily trading volume, of 2,961 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On CO2 Energy Transition

An institutional investor recently bought a new stake in CO2 Energy Transition stock. PenderFund Capital Management Ltd. purchased a new position in shares of CO2 Energy Transition Corp. (NASDAQ:NOEMU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 35,600 shares of the company’s stock, valued at approximately $376,000.

CO2 Energy Transition Price Performance

Shares of NASDAQ:NOEMU opened at $12.23 on Friday. The business has a 50-day moving average price of $11.59 and a 200 day moving average price of $11.26. CO2 Energy Transition has a 12-month low of $10.56 and a 12-month high of $17.00.

CO2 Energy Transition Company Profile

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.