Nabors Energy Transition Corp. II (NASDAQ:NETD) Shares Up 0.1%

Shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) traded up 0.1% on Tuesday . The company traded as high as $10.52 and last traded at $10.52. 10,942 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 116,739 shares. The stock had previously closed at $10.51.

Nabors Energy Transition Corp. II Stock Up 0.1 %

The firm has a 50 day moving average price of $10.45 and a 200-day moving average price of $10.38.

Hedge Funds Weigh In On Nabors Energy Transition Corp. II

Several institutional investors have recently made changes to their positions in NETD. Deutsche Bank AG acquired a new position in shares of Nabors Energy Transition Corp. II during the third quarter valued at about $6,773,000. Hudson Bay Capital Management LP acquired a new position in Nabors Energy Transition Corp. II during the 3rd quarter valued at approximately $3,051,000. Shaolin Capital Management LLC purchased a new position in shares of Nabors Energy Transition Corp. II in the third quarter worth $2,545,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Nabors Energy Transition Corp. II during the third quarter worth $2,071,000. Finally, Karpus Management Inc. purchased a new stake in shares of Nabors Energy Transition Corp. II during the third quarter valued at $3,127,000. Hedge funds and other institutional investors own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Company Profile

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.