Wolverine Asset Management LLC boosted its stake in shares of AI Transportation Acquisition Corp (NASDAQ:AITR - Free Report) by 53.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 362,670 shares of the company's stock after buying an additional 126,322 shares during the quarter. Wolverine Asset Management LLC owned 4.63% of AI Transportation Acquisition worth $3,801,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the company. Whitebox Advisors LLC acquired a new stake in AI Transportation Acquisition during the 1st quarter worth approximately $206,000. Virtu Financial LLC acquired a new position in AI Transportation Acquisition in the 1st quarter valued at $379,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in AI Transportation Acquisition during the 1st quarter worth $1,027,000. Periscope Capital Inc. acquired a new stake in shares of AI Transportation Acquisition in the 1st quarter worth $1,028,000. Finally, Gabelli Funds LLC purchased a new stake in shares of AI Transportation Acquisition in the first quarter valued at about $1,029,000. 81.89% of the stock is owned by institutional investors and hedge funds.
AI Transportation Acquisition Price Performance
NASDAQ AITR remained flat at $10.54 during trading hours on Monday. 18 shares of the company traded hands, compared to its average volume of 41,859. AI Transportation Acquisition Corp has a 52-week low of $10.11 and a 52-week high of $10.59. The stock has a 50-day moving average of $10.51 and a 200-day moving average of $10.41.
AI Transportation Acquisition Profile
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Free Report)
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.
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