Picton Mahoney Asset Management Grows Holdings in Nabors Energy Transition Corp. II (NASDAQ:NETD)

Picton Mahoney Asset Management boosted its holdings in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) by 50.0% during the 4th quarter, HoldingsChannel reports. The firm owned 900,000 shares of the company’s stock after purchasing an additional 300,000 shares during the period. Picton Mahoney Asset Management’s holdings in Nabors Energy Transition Corp. II were worth $9,364,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Firethorn Wealth Partners LLC acquired a new stake in shares of Nabors Energy Transition Corp. II during the fourth quarter worth about $163,000. Meteora Capital LLC acquired a new stake in Nabors Energy Transition Corp. II during the 3rd quarter worth approximately $1,017,000. Levin Capital Strategies L.P. purchased a new position in shares of Nabors Energy Transition Corp. II in the 3rd quarter valued at approximately $1,831,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Nabors Energy Transition Corp. II in the 3rd quarter valued at approximately $2,071,000. Finally, Shaolin Capital Management LLC acquired a new position in shares of Nabors Energy Transition Corp. II in the third quarter valued at approximately $2,545,000. 75.52% of the stock is currently owned by institutional investors and hedge funds.

Nabors Energy Transition Corp. II Price Performance

Shares of NASDAQ NETD traded down $0.01 during mid-day trading on Tuesday, hitting $10.51. 24,223 shares of the company were exchanged, compared to its average volume of 122,146. The stock has a 50 day simple moving average of $10.46 and a 200-day simple moving average of $10.39. Nabors Energy Transition Corp. II has a 1-year low of $10.12 and a 1-year high of $11.00.

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.