Shaolin Capital Management LLC lifted its stake in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE - Free Report) by 33.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 200,000 shares of the company's stock after purchasing an additional 50,000 shares during the period. Shaolin Capital Management LLC owned 3.13% of Technology & Telecommunication Acquisition worth $2,390,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in TETE. Logan Stone Capital LLC acquired a new stake in Technology & Telecommunication Acquisition in the 2nd quarter valued at about $1,147,000. SkyView Investment Advisors LLC lifted its position in shares of Technology & Telecommunication Acquisition by 25.1% in the first quarter. SkyView Investment Advisors LLC now owns 124,705 shares of the company's stock valued at $1,458,000 after buying an additional 25,000 shares during the last quarter. Warberg Asset Management LLC bought a new position in shares of Technology & Telecommunication Acquisition during the 2nd quarter worth approximately $208,000. Finally, Quarry LP increased its holdings in shares of Technology & Telecommunication Acquisition by 7.4% during the 4th quarter. Quarry LP now owns 140,033 shares of the company's stock worth $1,612,000 after acquiring an additional 9,604 shares during the last quarter. Institutional investors own 45.39% of the company's stock.
Technology & Telecommunication Acquisition Stock Performance
TETE remained flat at $12.17 during trading hours on Friday. The company had a trading volume of 1,200 shares, compared to its average volume of 20,719. The company's 50 day simple moving average is $12.08 and its 200-day simple moving average is $11.93. Technology & Telecommunication Acquisition Co. has a twelve month low of $11.07 and a twelve month high of $12.25.
Technology & Telecommunication Acquisition Company Profile
(
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.
Featured Articles
Before you consider Technology & Telecommunication Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Technology & Telecommunication Acquisition wasn't on the list.
While Technology & Telecommunication Acquisition currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
