Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Rating) saw a large drop in short interest in October. As of October 15th, there was short interest totalling 800 shares, a drop of 11.1% from the September 30th total of 900 shares. Based on an average trading volume of 29,500 shares, the days-to-cover ratio is currently 0.0 days.
Beard Energy Transition Acquisition Price Performance
Shares of NYSE BRD opened at $10.01 on Friday. Beard Energy Transition Acquisition has a 12-month low of $9.75 and a 12-month high of $10.39. The stock's 50 day simple moving average is $9.99 and its 200 day simple moving average is $9.95.
Get Beard Energy Transition Acquisition alerts:Institutional Trading of Beard Energy Transition Acquisition
An institutional investor recently raised its position in Beard Energy Transition Acquisition stock. Kohlberg Kravis Roberts & Co. L.P. increased its stake in Beard Energy Transition Acquisition Corp. (NYSE:BRD – Get Rating) by 8.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,210 shares of the company's stock after acquiring an additional 1,210 shares during the quarter. Kohlberg Kravis Roberts & Co. L.P. owned approximately 0.06% of Beard Energy Transition Acquisition worth $161,000 at the end of the most recent quarter. Institutional investors own 65.68% of the company's stock.
About Beard Energy Transition Acquisition
(Get Rating)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.
See Also
- Get a free copy of the StockNews.com research report on Beard Energy Transition Acquisition (BRD)
- Will Demand from EV Makers Drive Up Freeport-McMoRan stock?
- Shopify Stock Price Surges as Losses Narrow, Investments Pay Off
- MarketBeat: Week in Review 10/24-10/28
- McDonald's Stock Sizzles, but Will it Hit a New All-Time High?
- Can Comcast Monetize Existing Users for Streaming Success?
Receive News & Ratings for Beard Energy Transition Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beard Energy Transition Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.