Shaolin Capital Management LLC Acquires 210,000 Shares of Nabors Energy Transition Corp. II (NASDAQ:NETD)

Shaolin Capital Management LLC grew its holdings in shares of Nabors Energy Transition Corp. II (NASDAQ:NETD) by 140.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 360,000 shares of the company’s stock after purchasing an additional 210,000 shares during the quarter. Shaolin Capital Management LLC’s holdings in Nabors Energy Transition Corp. II were worth $3,791,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Mizuho Securities USA LLC bought a new position in Nabors Energy Transition Corp. II during the first quarter worth $141,000. Evercore Wealth Management LLC bought a new position in shares of Nabors Energy Transition Corp. II during the 4th quarter worth about $236,000. Capstone Investment Advisors LLC acquired a new stake in shares of Nabors Energy Transition Corp. II in the 4th quarter valued at about $260,000. Flow State Investments L.P. bought a new stake in Nabors Energy Transition Corp. II in the 4th quarter valued at about $312,000. Finally, Condor Capital Management boosted its holdings in Nabors Energy Transition Corp. II by 245.2% in the fourth quarter. Condor Capital Management now owns 39,111 shares of the company’s stock worth $406,000 after acquiring an additional 27,781 shares in the last quarter. Institutional investors and hedge funds own 75.52% of the company’s stock.

Nabors Energy Transition Corp. II Stock Performance

NASDAQ NETD opened at $10.65 on Friday. Nabors Energy Transition Corp. II has a 52 week low of $10.17 and a 52 week high of $10.88. The business has a 50 day moving average price of $10.63 and a 200-day moving average price of $10.55.

About Nabors Energy Transition Corp. II

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.