Glazer Capital LLC reduced its position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE - Free Report) by 13.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 352,704 shares of the company's stock after selling 55,831 shares during the quarter. Glazer Capital LLC owned about 5.90% of Technology & Telecommunication Acquisition worth $4,296,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Warberg Asset Management LLC purchased a new position in Technology & Telecommunication Acquisition during the second quarter worth about $208,000. Logan Stone Capital LLC bought a new stake in shares of Technology & Telecommunication Acquisition during the 2nd quarter valued at about $1,147,000. Shaolin Capital Management LLC grew its holdings in shares of Technology & Telecommunication Acquisition by 33.3% during the second quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company's stock worth $2,390,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Mizuho Securities USA LLC increased its position in shares of Technology & Telecommunication Acquisition by 64.2% in the third quarter. Mizuho Securities USA LLC now owns 255,659 shares of the company's stock worth $3,081,000 after purchasing an additional 99,936 shares during the last quarter. Hedge funds and other institutional investors own 45.39% of the company's stock.
Technology & Telecommunication Acquisition Price Performance
TETE remained flat at $12.23 on Friday. 2,750 shares of the company were exchanged, compared to its average volume of 7,212. Technology & Telecommunication Acquisition Co. has a 1-year low of $11.31 and a 1-year high of $12.25. The business has a 50-day moving average of $12.18 and a 200 day moving average of $12.07.
About Technology & Telecommunication Acquisition
(
Free Report)
Technology & Telecommunication Acquisition Corporation 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. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.
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