Energy Transition Special Opportunities (NYSE:ETSS) Stock Short Interest Declines 38.1%

Energy Transition Special Opportunities (NYSE:ETSS) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 2,140 shares, a drop of 38.1% from the August 31st total of 3,455 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 115,393 shares, the days-to-cover ratio is presently 0.0 days.

Energy Transition Special Opportunities Trading Up 0.1%

NYSE:ETSS traded up $0.01 during mid-day trading on Friday, hitting $9.96. 97,922 shares of the stock were exchanged, compared to its average volume of 81,652. Energy Transition Special Opportunities has a fifty-two week low of $9.77 and a fifty-two week high of $10.00. The stock’s 50-day moving average price is $9.92.

Institutional Investors Weigh In On Energy Transition Special Opportunities

An institutional investor recently bought a new position in Energy Transition Special Opportunities stock. Nilsine Partners LLC purchased a new stake in shares of Energy Transition Special Opportunities (NYSE:ETSS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 57,271 shares of the company’s stock, valued at approximately $963,000. Nilsine Partners LLC owned about 0.38% of Energy Transition Special Opportunities as of its most recent filing with the Securities & Exchange Commission.

Analysts Set New Price Targets

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

Energy Transition Special Opportunities Company Profile

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.

As a SPAC, the company does not operate a conventional business or offer its own products and services. Its activities primarily involve identifying a potential merger, acquisition or similar transaction with a target business.

Publicly available information about the company’s specific target, operating geographies and leadership is limited.