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2023-03-07 15:23
Tech and Energy Transition Co. (NASDAQ:TETCU – Get Rating) shot up 0.2% during mid-day trading on Monday . The company traded as high as $10.12 and last traded at $10.12. 100 shares traded hands during trading, a decline of 99% from the average session volume of 6,978 shares. The stock had previously closed at $10.10.
The company has a 50-day moving average price of $10.08 and a 200-day moving average price of $9.95.
Get Tech and Energy Transition alerts:Several hedge funds have recently added to or reduced their stakes in TETCU. Landscape Capital Management L.L.C. boosted its position in shares of Tech and Energy Transition by 28.8% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 19,364 shares of the company's stock valued at $190,000 after purchasing an additional 4,333 shares during the period. Susquehanna International Group LLP boosted its holdings in shares of Tech and Energy Transition by 17.5% in the fourth quarter. Susquehanna International Group LLP now owns 31,291 shares of the company's stock valued at $313,000 after acquiring an additional 4,650 shares during the period. Spartan Fund Management Inc. boosted its holdings in shares of Tech and Energy Transition by 9.6% in the fourth quarter. Spartan Fund Management Inc. now owns 100,424 shares of the company's stock valued at $1,005,000 after acquiring an additional 8,778 shares during the period. Virtu Financial LLC increased its holdings in shares of Tech and Energy Transition by 50.2% in the 4th quarter. Virtu Financial LLC now owns 32,582 shares of the company's stock valued at $348,000 after acquiring an additional 10,888 shares during the period. Finally, Ancora Advisors LLC acquired a new position in shares of Tech and Energy Transition in the 1st quarter valued at $221,000.
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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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