Tech and Energy Transition Co. (NASDAQ:TETCU – Get Rating)’s share price shot up 0.3% during trading on Monday . The stock traded as high as $9.83 and last traded at $9.83. 101 shares were traded during trading, a decline of 99% from the average session volume of 8,518 shares. The stock had previously closed at $9.80.
Tech and Energy Transition Stock Performance
The firm has a 50 day moving average of $9.81 and a 200 day moving average of $9.85.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of TETCU. Parallax Volatility Advisers L.P. bought a new stake in shares of Tech and Energy Transition during the fourth quarter valued at approximately $1,003,000. Spartan Fund Management Inc. acquired a new stake in Tech and Energy Transition in the 1st quarter valued at $1,132,000. Wolverine Asset Management LLC bought a new stake in Tech and Energy Transition during the 1st quarter valued at $363,000. Ancora Advisors LLC acquired a new position in Tech and Energy Transition during the first quarter worth $221,000. Finally, Sandia Investment Management LP bought a new position in shares of Tech and Energy Transition in the fourth quarter valued at $149,000.
Tech and Energy Transition Company Profile
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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