Karpus Management Inc. decreased its position in Energem Corp. (NASDAQ:ENCP – Get Rating) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 784,575 shares of the company's stock after selling 4,375 shares during the quarter. Karpus Management Inc. owned 5.97% of Energem worth $7,877,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Landscape Capital Management L.L.C. purchased a new position in shares of Energem during the 2nd quarter valued at approximately $103,000. Radcliffe Capital Management L.P. purchased a new position in shares of Energem during the 1st quarter valued at approximately $250,000. Cohanzick Management LLC purchased a new position in shares of Energem during the 1st quarter valued at approximately $499,000. Walleye Trading LLC bought a new position in Energem during the first quarter worth $540,000. Finally, Walleye Capital LLC bought a new position in Energem during the first quarter worth $956,000. Institutional investors and hedge funds own 77.43% of the company's stock.

Insider Buying and Selling

In other Energem news, major shareholder Wolverine Asset Management Llc sold 127,000 shares of the firm's stock in a transaction on Monday, November 21st. The stock was sold at an average price of $10.20, for a total value of $1,295,400.00. Following the sale, the insider now directly owns 172,992 shares in the company, valued at $1,764,518.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 22.83% of the stock is currently owned by company insiders.

Energem Stock Performance

About Energem

(Get Rating)

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.

See Also

• Get a free copy of the StockNews.com research report on Energem (ENCP)
• Why CSL Ltd Stock Could Be Worth a Look
• MarketBeat: Week in Review 11/28 – 12/02
• Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
• Institutions Are Buying Ambarella, Should You?
• Can ZIM Defy Broad Downturn In The Container Shipping Industry?

Want to see what other hedge funds are holding ENCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energem Corp. (NASDAQ:ENCP – Get Rating).

Receive News & Ratings for Energem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energem and related companies with MarketBeat.com's FREE daily email newsletter.