Wolverine Asset Management LLC Buys 48,400 Shares of Quetta Acquisition Co. (NASDAQ:QETA)

Wolverine Asset Management LLC increased its position in Quetta Acquisition Co. (NASDAQ:QETA) by 31.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 202,192 shares of the company’s stock after purchasing an additional 48,400 shares during the quarter. Wolverine Asset Management LLC owned approximately 2.26% of Quetta Acquisition worth $2,133,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Mizuho Securities USA LLC increased 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 valued at $4,672,000 after buying an additional 391,402 shares during the period. Berkley W R Corp purchased a new position in Quetta Acquisition during the 3rd quarter valued at about $2,093,000. Verition Fund Management LLC raised its holdings in shares of Quetta Acquisition by 2.0% in the 3rd quarter. Verition Fund Management LLC now owns 138,446 shares of the company’s stock valued at $1,441,000 after purchasing an additional 2,746 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Quetta Acquisition in the 3rd quarter worth approximately $329,000. Finally, Tidal Investments LLC lifted its position in shares of 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 purchasing an additional 4,055 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Quetta Acquisition Price Performance

Shares of QETA stock opened at $10.67 on Friday. Quetta Acquisition Co. has a 52-week low of $10.16 and a 52-week high of $11.55. The company’s 50 day moving average is $10.60 and its 200 day moving average is $10.49.

About Quetta Acquisition

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.