Nabors Energy Transition Corp. II (NASDAQ:NETD) Holdings Lowered by Periscope Capital Inc.

Periscope Capital Inc. cut its stake in Nabors Energy Transition Corp. II (NASDAQ:NETD) by 42.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 550,000 shares of the company’s stock after selling 400,000 shares during the period. Nabors Energy Transition Corp. II comprises approximately 3.2% of Periscope Capital Inc.’s portfolio, making the stock its 6th largest position. Periscope Capital Inc.’s holdings in Nabors Energy Transition Corp. II were worth $5,863,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in shares of Nabors Energy Transition Corp. II in the third quarter valued at approximately $6,599,000. Berkley W R Corp raised its position in Nabors Energy Transition Corp. II by 106.5% in the 2nd quarter. Berkley W R Corp now owns 481,166 shares of the company’s stock valued at $5,067,000 after purchasing an additional 248,150 shares during the last quarter. Shaolin Capital Management LLC boosted its stake in Nabors Energy Transition Corp. II by 140.0% during the 2nd quarter. Shaolin Capital Management LLC now owns 360,000 shares of the company’s stock worth $3,791,000 after purchasing an additional 210,000 shares during the period. Virtu Financial LLC grew its position in Nabors Energy Transition Corp. II by 413.2% during the 1st quarter. Virtu Financial LLC now owns 76,170 shares of the company’s stock worth $792,000 after purchasing an additional 61,327 shares during the last quarter. Finally, Dakota Wealth Management acquired a new position in Nabors Energy Transition Corp. II in the second quarter valued at $558,000. Institutional investors and hedge funds own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Trading Up 0.1 %

Shares of NETD opened at $10.74 on Friday. Nabors Energy Transition Corp. II has a fifty-two week low of $10.27 and a fifty-two week high of $10.88. The firm has a 50-day simple moving average of $10.68 and a 200-day simple moving average of $10.61.

Nabors Energy Transition Corp. II Profile

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.