Tech and Energy Transition Co. (NASDAQ:TETCU – Get Rating)’s share price traded up ∞ on Monday . The company traded as high as $9.85 and last traded at $9.85. 900 shares were traded during mid-day trading, a decline of 90% from the average session volume of 8,795 shares.
The stock’s 50-day moving average is $9.83 and its two-hundred day moving average is $9.87.
A number of institutional investors have recently bought and sold shares of TETCU. Royal Bank of Canada raised its position in Tech and Energy Transition by 10.2% in the 3rd quarter. Royal Bank of Canada now owns 99,174 shares of the company’s stock worth $984,000 after purchasing an additional 9,174 shares during the period. Parallax Volatility Advisers L.P. purchased a new position in shares of Tech and Energy Transition during the fourth quarter worth approximately $1,003,000. Sandia Investment Management LP purchased a new position in shares of Tech and Energy Transition during the fourth quarter worth approximately $149,000. Wolverine Asset Management LLC purchased a new position in shares of Tech and Energy Transition during the first quarter worth approximately $363,000. Finally, Ancora Advisors LLC purchased a new position in shares of Tech and Energy Transition during the first quarter worth approximately $221,000.
Tech and Energy Transition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as M Acquisition Company IV Corporation and changed its name to Tech and Energy Transition Corporation in December 2020.
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