Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Rating) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,800 shares, a growth of 12.5% from the November 15th total of 1,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 55,500 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Beard Energy Transition Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kohlberg Kravis Roberts & Co. L.P. grew its position in shares of Beard Energy Transition Acquisition by 8.1% in the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 16,210 shares of the company's stock valued at $161,000 after purchasing an additional 1,210 shares in the last quarter. Robinson Capital Management LLC purchased a new position in Beard Energy Transition Acquisition during the 3rd quarter valued at about $116,000. Finally, Cantor Fitzgerald L. P. increased its position in shares of Beard Energy Transition Acquisition by 18.0% during the third quarter. Cantor Fitzgerald L. P. now owns 820,421 shares of the company's stock valued at $8,217,000 after buying an additional 125,000 shares during the period. Institutional investors own 65.68% of the company's stock.

Beard Energy Transition Acquisition Price Performance

NYSE BRD opened at $10.12 on Friday. The company's 50 day moving average is $10.07 and its 200-day moving average is $9.99. Beard Energy Transition Acquisition has a 12-month low of $9.75 and a 12-month high of $10.39.

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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