Wolverine Asset Management LLC Sells 2,799 Shares of Global Star Acquisition, Inc. (NASDAQ:GLST)

Wolverine Asset Management LLC lowered its stake in Global Star Acquisition, Inc. (NASDAQ:GLST) by 2.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 99,624 shares of the company’s stock after selling 2,799 shares during the quarter. Wolverine Asset Management LLC owned 3.42% of Global Star Acquisition worth $1,130,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLST. SkyView Investment Advisors LLC bought a new position in shares of Global Star Acquisition during the second quarter valued at approximately $2,647,000. Berkley W R Corp raised its holdings in shares of Global Star Acquisition by 77.4% during the first quarter. Berkley W R Corp now owns 502,595 shares of the company’s stock valued at $5,388,000 after acquiring an additional 219,220 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Global Star Acquisition by 1.0% during the first quarter. Mizuho Securities USA LLC now owns 295,361 shares of the company’s stock valued at $3,146,000 after acquiring an additional 3,000 shares in the last quarter. Institutional investors own 62.18% of the company’s stock.

Global Star Acquisition Stock Performance

Shares of Global Star Acquisition stock opened at $11.49 on Wednesday. The business has a 50 day moving average of $11.33 and a 200 day moving average of $11.14. Global Star Acquisition, Inc. has a 52 week low of $10.41 and a 52 week high of $12.67.

About Global Star Acquisition

Global Star Acquisition, Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.