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

Wolverine Asset Management LLC acquired a new stake in shares of Quetta Acquisition Co. (NASDAQ:QETA) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 153,792 shares of the company’s stock, valued at approximately $1,599,000.

Several other large investors also recently bought and sold shares of the business. Whitebox Advisors LLC bought a new position in Quetta Acquisition during the 1st quarter valued at about $305,000. Virtu Financial LLC lifted its holdings in shares of Quetta Acquisition by 104.2% during the 1st quarter. Virtu Financial LLC now owns 44,133 shares of the company’s stock valued at $449,000 after buying an additional 22,519 shares during the period. Mizuho Securities USA LLC purchased a new position in shares of Quetta Acquisition in the 1st quarter worth $616,000. Clear Street LLC boosted its position in Quetta Acquisition by 875.0% in the second quarter. Clear Street LLC now owns 76,368 shares of the company’s stock worth $790,000 after purchasing an additional 68,535 shares during the last quarter. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Quetta Acquisition during the 2nd quarter valued at about $1,154,000. 84.33% of the stock is currently owned by institutional investors.

Quetta Acquisition Price Performance

QETA opened at $10.49 on Tuesday. Quetta Acquisition Co. has a 12-month low of $10.07 and a 12-month high of $10.50. The company’s 50 day moving average is $10.42 and its 200 day moving average is $10.36.

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.