Energy Transition Special Opportunities (NYSE:ETSS) Shares Shorted: Short Interest Down 69.5% in September

Energy Transition Special Opportunities (NYSE:ETSS) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 652 shares, a decrease 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 presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Energy Transition Special Opportunities

An institutional investor recently bought a new stake in Energy Transition Special Opportunities stock. DMC Group LLC acquired a new position in shares of Energy Transition Special Opportunities (NYSE:ETSS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,000 shares of the company’s stock, valued at approximately $488,000. DMC Group LLC owned approximately 0.19% of Energy Transition Special Opportunities at the end of the most recent quarter.

Analysts Set New Price Targets

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

Energy Transition Special Opportunities Price Performance

ETSS stock remained flat at $9.95 during trading hours on Tuesday. The company had a trading volume of 125,452 shares, compared to its average volume of 50,961. Energy Transition Special Opportunities has a fifty-two week low of $9.77 and a fifty-two week high of $10.00. The stock has a 50 day moving average of $9.93.

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.

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.