Yakira Capital Management Inc. purchased a new stake in shares of AI Transportation Acquisition Corp (NASDAQ:AITR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,000 shares of the company's stock, valued at approximately $376,000. Yakira Capital Management Inc. owned about 0.45% of AI Transportation Acquisition at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Shaolin Capital Management LLC lifted its holdings in AI Transportation Acquisition by 0.4% during the 3rd quarter. Shaolin Capital Management LLC now owns 255,775 shares of the company's stock worth $2,681,000 after buying an additional 1,042 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of AI Transportation Acquisition by 15.9% during the fourth quarter. Wolverine Asset Management LLC now owns 420,301 shares of the company's stock worth $4,518,000 after acquiring an additional 57,631 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in shares of AI Transportation Acquisition by 142.4% during the fourth quarter. Mizuho Securities USA LLC now owns 556,500 shares of the company's stock valued at $5,955,000 after acquiring an additional 326,883 shares during the period. Institutional investors and hedge funds own 81.89% of the company's stock.
AI Transportation Acquisition Price Performance
AI Transportation Acquisition stock traded up $0.02 during mid-day trading on Friday, hitting $11.01. The stock had a trading volume of 1,409 shares, compared to its average volume of 22,039. The stock has a 50-day simple moving average of $10.93 and a two-hundred day simple moving average of $10.75. AI Transportation Acquisition Corp has a 12 month low of $10.28 and a 12 month high of $11.05.
AI Transportation Acquisition Company Profile
(
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.
Read More
Before you consider AI Transportation 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 AI Transportation Acquisition wasn't on the list.
While AI Transportation Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
