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2023-02-23 22:22
Glazer Capital LLC lifted its holdings in shares of Energem Corp. (NASDAQ:ENCP – Get Rating) by 113.9% in the 3rd quarter, Holdings Channel reports. The firm owned 1,028,104 shares of the company's stock after acquiring an additional 547,345 shares during the period. Glazer Capital LLC owned about 0.08% of Energem worth $10,430,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of ENCP. Landscape Capital Management L.L.C. purchased a new position in shares of Energem during the second quarter worth about $103,000. Radcliffe Capital Management L.P. purchased a new stake in Energem in the first quarter worth approximately $250,000. Centiva Capital LP purchased a new stake in Energem in the second quarter worth approximately $509,000. Walleye Trading LLC purchased a new stake in Energem in the first quarter worth approximately $540,000. Finally, Walleye Capital LLC purchased a new stake in Energem in the first quarter worth approximately $956,000. Hedge funds and other institutional investors own 80.15% of the company's stock.
Get Energem alerts:Shares of ENCP opened at $10.48 on Thursday. The stock has a 50 day simple moving average of $10.40 and a two-hundred day simple moving average of $10.27. Energem Corp. has a 1 year low of $9.91 and a 1 year high of $11.36.
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Energem Corp. does not have significant operations. The company focuses on effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus a target business operating in the energy industry.
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