Mizuho Securities USA LLC Grows Stock Holdings in AI Transportation Acquisition Corp (NASDAQ:AITR)

Mizuho Securities USA LLC boosted its stake in AI Transportation Acquisition Corp (NASDAQ:AITR - Free Report) by 142.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 556,500 shares of the company's stock after purchasing an additional 326,883 shares during the period. Mizuho Securities USA LLC owned about 7.10% of AI Transportation Acquisition worth $5,955,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westchester Capital Management LLC purchased a new position in shares of AI Transportation Acquisition during the third quarter valued at approximately $1,860,000. Berkley W R Corp bought a new stake in shares of AI Transportation Acquisition in the 3rd quarter worth $1,080,000. Shaolin Capital Management LLC raised its stake in shares of AI Transportation Acquisition by 0.4% in the third quarter. Shaolin Capital Management LLC now owns 255,775 shares of the company's stock worth $2,681,000 after purchasing an additional 1,042 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its position in shares of AI Transportation Acquisition by 15.9% during the fourth quarter. Wolverine Asset Management LLC now owns 420,301 shares of the company's stock valued at $4,518,000 after buying an additional 57,631 shares during the last quarter. Institutional investors own 81.89% of the company's stock.

AI Transportation Acquisition Trading Up 0.3 %

NASDAQ:AITR traded up $0.03 during trading hours on Thursday, reaching $10.98. The company had a trading volume of 403 shares, compared to its average volume of 21,769. AI Transportation Acquisition Corp has a 52 week low of $10.27 and a 52 week high of $10.99. The firm's 50 day moving average price is $10.89 and its 200-day moving average price is $10.70.

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AI Transportation Acquisition Company Profile

AI Transportation Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.