科技与能源转型公司纳斯达克股票代码：TETC）空头利率在1月份下降了85.7％

Tech and Energy Transition Co. (NASDAQ:TETC – Get Rating) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 6,200 shares, a decrease of 85.7% from the January 15th total of 43,500 shares. Based on an average trading volume of 124,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Tech and Energy Transition Price Performance

Shares of TETC stock remained flat at $10.10 on Friday. 45,220 shares of the stock traded hands, compared to its average volume of 257,980. Tech and Energy Transition has a 12-month low of $9.69 and a 12-month high of $10.30. The business has a 50 day moving average price of $10.04 and a 200 day moving average price of $9.92.

Institutional Investors Weigh In On Tech and Energy Transition

Institutional investors have recently bought and sold shares of the business. Toronto Dominion Bank purchased a new stake in shares of Tech and Energy Transition during the second quarter worth about $1,956,000. Robinson Capital Management LLC grew its holdings in Tech and Energy Transition by 13.9% during the 2nd quarter. Robinson Capital Management LLC now owns 24,573 shares of the company's stock valued at $240,000 after buying an additional 2,994 shares in the last quarter. Mint Tower Capital Management B.V. bought a new stake in shares of Tech and Energy Transition during the third quarter valued at approximately $984,000. Saba Capital Management L.P. lifted its holdings in shares of Tech and Energy Transition by 0.5% in the third quarter. Saba Capital Management L.P. now owns 3,104,795 shares of the company's stock worth $30,551,000 after buying an additional 15,099 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. purchased a new position in shares of Tech and Energy Transition in the third quarter worth $2,816,000. Hedge funds and other institutional investors own 72.77% of the company's stock.

About Tech and Energy Transition

Tech and Energy Transition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as M Acquisition Company IV Corporation and changed its name to Tech and Energy Transition Corporation in December 2020.

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