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

CO2 Energy Transition Corp. (NASDAQ:NOEMU) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 23 shares, a decrease of 90.0% from the September 15th total of 231 shares. Based on an average daily volume of 560 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 position in CO2 Energy Transition stock. PenderFund Capital Management Ltd. acquired a new position in shares of CO2 Energy Transition Corp. (NASDAQ:NOEMU) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 35,600 shares of the company’s stock, valued at approximately $376,000.

CO2 Energy Transition Stock Performance

NASDAQ:NOEMU traded down $0.12 during trading hours on Friday, hitting $11.70. The company’s stock had a trading volume of 328 shares, compared to its average volume of 3,202. CO2 Energy Transition has a 52-week low of $10.56 and a 52-week high of $17.00. The stock has a fifty day moving average of $11.61 and a 200-day moving average of $11.27.

CO2 Energy Transition Company Profile

CO2 Energy Transition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more businesses. Its publicly traded units are listed under the symbol NOEMU on the Nasdaq.

The company has indicated that it intends to focus on opportunities related to the energy transition, including businesses involved in decarbonization, renewable energy, energy efficiency, clean technology and related infrastructure.