Quetta Acquisition Co. (NASDAQ:QETA - Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 50.0% from the February 28th total of 200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 19,200 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On Quetta Acquisition
Several institutional investors and hedge funds have recently bought and sold shares of the company. Tidal Investments LLC increased its holdings in Quetta Acquisition by 24.6% in the 3rd quarter. Tidal Investments LLC now owns 20,525 shares of the company's stock worth $214,000 after acquiring an additional 4,055 shares during the last quarter. Virtu Financial LLC purchased a new position in Quetta Acquisition in the 3rd quarter valued at approximately $329,000. Yakira Capital Management Inc. bought a new stake in Quetta Acquisition during the 4th quarter valued at $633,000. Verition Fund Management LLC lifted its position in shares of Quetta Acquisition by 2.0% during the third quarter. Verition Fund Management LLC now owns 138,446 shares of the company's stock worth $1,441,000 after acquiring an additional 2,746 shares in the last quarter. Finally, Berkley W R Corp bought a new position in shares of Quetta Acquisition in the third quarter worth $2,093,000. 84.33% of the stock is owned by institutional investors.
Quetta Acquisition Stock Down 0.4 %
Shares of Quetta Acquisition stock traded down $0.04 on Tuesday, reaching $10.72. 165,507 shares of the company traded hands, compared to its average volume of 28,269. The company has a 50 day moving average of $10.65 and a 200 day moving average of $10.55. Quetta Acquisition has a 52 week low of $10.19 and a 52 week high of $11.55.
Quetta Acquisition Company Profile
(
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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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