EF Hutton Acquisition Co. I (NASDAQ:EFHT) Stock Price Down 3.3%

Shares of EF Hutton Acquisition Co. I (NASDAQ:EFHT) were down 3.3% during mid-day trading on Wednesday . The stock traded as low as $1.13 and last traded at $1.19. Approximately 37,394 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 62,887 shares. The stock had previously closed at $1.23.

EF Hutton Acquisition Co. I Trading Down 3.3 %

The company has a fifty day simple moving average of $1.07 and a two-hundred day simple moving average of $4.14.

Institutional Trading of EF Hutton Acquisition Co. I

An institutional investor recently raised its position in EF Hutton Acquisition Co. I stock. Wolverine Asset Management LLC lifted its holdings in shares of EF Hutton Acquisition Co. I (NASDAQ:EFHT) by 19.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 279,386 shares of the company’s stock after buying an additional 46,387 shares during the period. Wolverine Asset Management LLC owned about 4.21% of EF Hutton Acquisition Co. I worth $2,964,000 at the end of the most recent reporting period. 20.91% of the stock is currently owned by hedge funds and other institutional investors.

EF Hutton Acquisition Co. I Company Profile

EF Hutton Acquisition Corporation I does not have significant operations. It intends to effect a merger, stock capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the consumer and retail industry. The company was incorporated in 2021 and is based in Hingham, Massachusetts.