Periscope Capital Inc. Sells 400,000 Shares of Nabors Energy Transition Corp. II (NASDAQ:NETD)

Periscope Capital Inc. trimmed its holdings in Nabors Energy Transition Corp. II (NASDAQ:NETD) by 42.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 550,000 shares of the company’s stock after selling 400,000 shares during the period. Nabors Energy Transition Corp. II makes up about 3.2% of Periscope Capital Inc.’s holdings, making the stock its 6th largest holding. Periscope Capital Inc. owned approximately 1.44% of Nabors Energy Transition Corp. II worth $5,863,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Clear Street LLC acquired a new position in Nabors Energy Transition Corp. II in the 2nd quarter valued at about $536,000. Dakota Wealth Management purchased a new position in Nabors Energy Transition Corp. II in the 2nd quarter valued at approximately $558,000. Virtu Financial LLC grew its stake in shares of Nabors Energy Transition Corp. II by 413.2% in the first quarter. Virtu Financial LLC now owns 76,170 shares of the company’s stock worth $792,000 after acquiring an additional 61,327 shares in the last quarter. Shaolin Capital Management LLC increased its position in shares of Nabors Energy Transition Corp. II by 140.0% during the second quarter. Shaolin Capital Management LLC now owns 360,000 shares of the company’s stock worth $3,791,000 after acquiring an additional 210,000 shares during the period. Finally, Berkley W R Corp boosted its holdings in Nabors Energy Transition Corp. II by 106.5% in the second 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 period. 75.52% of the stock is currently owned by hedge funds and other institutional investors.

Nabors Energy Transition Corp. II Stock Up 0.1 %

Shares of NASDAQ: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’s 50 day moving average price is $10.68 and its 200 day moving average price is $10.61.

About Nabors Energy Transition Corp. II

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.