ESGEN Acquisition Co. (NASDAQ:ESAC) Short Interest Up 41.2% in February

ESGEN Acquisition Co. (NASDAQ:ESAC – Get Rating) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 4,800 shares, a growth of 41.2% from the February 13th total of 3,400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 97,400 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of ESGEN Acquisition

Several institutional investors and hedge funds have recently bought and sold shares of ESAC. Landscape Capital Management L.L.C. increased its holdings in shares of ESGEN Acquisition by 2.0% in the 4th quarter. Landscape Capital Management L.L.C. now owns 52,101 shares of the company’s stock valued at $539,000 after purchasing an additional 1,003 shares during the period. State Street Corp bought a new stake in ESGEN Acquisition during the first quarter worth approximately $103,000. Gritstone Asset Management LLC bought a new stake in ESGEN Acquisition during the fourth quarter worth approximately $253,000. Shaolin Capital Management LLC boosted its position in ESGEN Acquisition by 4.2% during the fourth quarter. Shaolin Capital Management LLC now owns 1,239,561 shares of the company’s stock worth $12,817,000 after purchasing an additional 50,000 shares during the period. Finally, Schonfeld Strategic Advisors LLC boosted its position in ESGEN Acquisition by 231.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 85,920 shares of the company’s stock worth $888,000 after purchasing an additional 60,000 shares during the period. Institutional investors and hedge funds own 74.60% of the company’s stock.

ESGEN Acquisition Price Performance

Shares of NASDAQ ESAC opened at $10.46 on Tuesday. The firm has a 50-day moving average of $10.40 and a two-hundred day moving average of $10.28. ESGEN Acquisition has a twelve month low of $9.95 and a twelve month high of $11.11.

About ESGEN Acquisition

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ESGEN Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to target opportunities in the energy and infrastructure sector in North America.