Periscope Capital Inc. reduced its position in shares of Quetta Acquisition Co. (NASDAQ:QETA - Free Report) by 69.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 125,000 shares of the company's stock after selling 289,874 shares during the quarter. Periscope Capital Inc. owned about 1.40% of Quetta Acquisition worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in QETA. Virtu Financial LLC raised its stake in shares of Quetta Acquisition by 104.2% during the first quarter. Virtu Financial LLC now owns 44,133 shares of the company's stock worth $449,000 after buying an additional 22,519 shares during the last quarter. Clear Street LLC raised its position in shares of Quetta Acquisition by 875.0% during the 2nd quarter. Clear Street LLC now owns 76,368 shares of the company's stock valued at $790,000 after acquiring an additional 68,535 shares during the last quarter. K2 Principal Fund L.P. acquired a new position in shares of Quetta Acquisition in the 2nd quarter valued at $1,154,000. Wolverine Asset Management LLC bought a new position in shares of Quetta Acquisition in the 3rd quarter worth $1,599,000. Finally, Mizuho Securities USA LLC grew its stake in shares of Quetta Acquisition by 652.3% during the third quarter. Mizuho Securities USA LLC now owns 451,403 shares of the company's stock worth $4,672,000 after purchasing an additional 391,402 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.
Quetta Acquisition Stock Performance
Shares of Quetta Acquisition stock remained flat at $10.50 during trading on Friday. The stock had a trading volume of 23,151 shares, compared to its average volume of 21,652. The stock has a fifty day moving average price of $10.44 and a two-hundred day moving average price of $10.38. Quetta Acquisition Co. has a 52 week low of $10.07 and a 52 week high of $10.51.
Quetta Acquisition Profile
(
Free Report)
Quetta Acquisition Corporation focuses on effecting a merger, capital stock exchange, share purchase, asset acquisition, recapitalization, reorganization, or related business combination with one or more businesses. It intends to focus on financial technology sector in Asia. The company was incorporated in 2023 and is based in New York, New York.
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