Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Rating) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 600 shares, a decline of 81.8% from the July 31st total of 3,300 shares. Based on an average daily volume of 12,300 shares, the days-to-cover ratio is currently 0.0 days.

Beard Energy Transition Acquisition Price Performance

BRD stock opened at $9.93 on Friday. The business has a fifty day moving average of $9.95 and a two-hundred day moving average of $9.92. Beard Energy Transition Acquisition has a 52-week low of $9.75 and a 52-week high of $10.39.

Institutional Investors Weigh In On Beard Energy Transition Acquisition

A hedge fund recently raised its stake in Beard Energy Transition Acquisition stock. Kohlberg Kravis Roberts & Co. L.P. raised its stake in Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Rating) by 8.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,210 shares of the company's stock after buying an additional 1,210 shares during the quarter. Kohlberg Kravis Roberts & Co. L.P. owned about 0.06% of Beard Energy Transition Acquisition worth $161,000 at the end of the most recent quarter.

About Beard Energy Transition Acquisition

Beard Energy Transition Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses operating on electric power grid opportunities associated with energy transition infrastructure buildout.

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