Wolverine Asset Management LLC Raises Position in Quetta Acquisition Co. (NASDAQ:QETA)

Wolverine Asset Management LLC lifted its holdings in Quetta Acquisition Co. (NASDAQ:QETA) by 31.5% in the fourth quarter, Holdings Channel reports. The firm owned 202,192 shares of the company’s stock after buying an additional 48,400 shares during the period. Wolverine Asset Management LLC’s holdings in Quetta Acquisition were worth $2,133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tidal Investments LLC boosted its holdings in Quetta Acquisition by 24.6% in the third quarter. Tidal Investments LLC now owns 20,525 shares of the company’s stock worth $214,000 after acquiring an additional 4,055 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Quetta Acquisition in the 3rd quarter valued at approximately $329,000. Berkley W R Corp acquired a new stake in Quetta Acquisition in the 3rd quarter worth approximately $2,093,000. Verition Fund Management LLC grew its position in Quetta Acquisition by 2.0% during the 3rd quarter. Verition Fund Management LLC now owns 138,446 shares of the company’s stock worth $1,441,000 after purchasing an additional 2,746 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its stake in Quetta Acquisition by 652.3% during the 3rd quarter. Mizuho Securities USA LLC now owns 451,403 shares of the company’s stock valued at $4,672,000 after purchasing an additional 391,402 shares in the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Quetta Acquisition Trading Down 0.3 %

NASDAQ:QETA opened at $10.67 on Friday. Quetta Acquisition Co. has a 12 month low of $10.16 and a 12 month high of $11.55. The firm has a fifty day simple moving average of $10.60 and a 200-day simple moving average of $10.49.

Quetta Acquisition Company Profile

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.