Short Interest in Beard Energy Transition Acquisition Corp. (NYSE:BRD) Declines By 66.7%
Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Free Report) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 200 shares, a decrease of 66.7% from the November 15th total of 600 shares. Based on an average trading volume of 48,200 shares, the short-interest ratio is presently 0.0 days.
Beard Energy Transition Acquisition Stock Up 0.0 %
Shares of NYSE:BRD traded up $0.01 during trading on Tuesday, hitting $10.73. The stock had a trading volume of 1,450 shares, compared to its average volume of 55,298. The firm’s fifty day moving average is $10.74 and its 200 day moving average is $10.63. Beard Energy Transition Acquisition has a 12 month low of $10.11 and a 12 month high of $11.25.
Institutional Trading of Beard Energy Transition Acquisition
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP purchased a new stake in shares of Beard Energy Transition Acquisition in the 1st quarter worth approximately $148,000. Kohlberg Kravis Roberts & Co. L.P. grew its stake in shares of Beard Energy Transition Acquisition by 8.1% in the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 16,210 shares of the company’s stock worth $161,000 after buying an additional 1,210 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Beard Energy Transition Acquisition in the 4th quarter worth approximately $176,000. Levin Capital Strategies L.P. purchased a new stake in shares of Beard Energy Transition Acquisition in the 2nd quarter worth approximately $210,000. Finally, Bank of Montreal Can purchased a new stake in shares of Beard Energy Transition Acquisition in the 2nd quarter worth approximately $359,000. Hedge funds and other institutional investors own 79.66% of the company’s stock.
About Beard Energy Transition Acquisition (Get Free Report)
Beard Energy Transition Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses operating on electric power grid opportunities associated with energy transition infrastructure buildout.
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