Energy Transition Special Opportunities (NYSE:ETSS) Sees Large Decrease in Short Interest

Energy Transition Special Opportunities (NYSE:ETSS – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 652 shares, a drop of 69.5% from the September 15th total of 2,140 shares. Based on an average daily volume of 75,148 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Energy Transition Special Opportunities

A hedge fund recently bought a new position in Energy Transition Special Opportunities stock. Nilsine Partners LLC bought a new stake in Energy Transition Special Opportunities (NYSE:ETSS – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Energy Transition Special Opportunities in a research note on Friday, August 28th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Energy Transition Special Opportunities currently has an average rating of “Sell”.

Check Out Our Latest Research Report on ETSS

Energy Transition Special Opportunities Stock Down 0.1%

Shares of NYSE ETSS traded down $0.01 during midday trading on Monday, reaching $9.95. 40,939 shares of the company were exchanged, compared to its average volume of 49,530. The company’s fifty day moving average is $9.93. Energy Transition Special Opportunities has a 1 year low of $9.77 and a 1 year high of $10.00.

About Energy Transition Special Opportunities

(Get Free Report)

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.

Rather than selling products or services of its own, the company’s activities center on identifying a suitable merger or acquisition target. Its stated focus includes businesses involved in technologies, infrastructure, and services supporting the transition toward lower-carbon energy systems.

Publicly available information about the company’s operating activities, geographic reach, and leadership is limited.

Further Reading

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