Short Interest in Nabors Energy Transition Corp. II (NASDAQ:NETD) Increases By 21.3%

Nabors Energy Transition Corp. II (NASDAQ:NETD) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 7,400 shares, a growth of 21.3% from the January 15th total of 6,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 35,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Nabors Energy Transition Corp. II

Large investors have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Nabors Energy Transition Corp. II during the 4th quarter valued at about $128,000. Geode Capital Management LLC grew its stake in shares of Nabors Energy Transition Corp. II by 51.9% during the 3rd quarter. Geode Capital Management LLC now owns 27,982 shares of the company’s stock valued at $298,000 after acquiring an additional 9,557 shares during the period. Dakota Wealth Management grew its stake in shares of Nabors Energy Transition Corp. II by 12.1% during the 3rd quarter. Dakota Wealth Management now owns 59,375 shares of the company’s stock valued at $633,000 after acquiring an additional 6,400 shares during the period. Centiva Capital LP bought a new position in shares of Nabors Energy Transition Corp. II during the 4th quarter valued at approximately $1,959,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Nabors Energy Transition Corp. II during the 3rd quarter valued at approximately $2,130,000. 75.52% of the stock is currently owned by institutional investors.

Nabors Energy Transition Corp. II Trading Down 0.1 %

Shares of Nabors Energy Transition Corp. II stock traded down $0.01 during trading hours on Monday, reaching $10.96. 96,609 shares of the stock traded hands, compared to its average volume of 25,884. The company has a 50 day moving average price of $10.83 and a 200 day moving average price of $10.72. Nabors Energy Transition Corp. II has a one year low of $10.38 and a one year high of $11.10.

Nabors Energy Transition Corp. II Company Profile

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. The company 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.