Shaolin Capital Management LLC Raises Stock Holdings in AI Transportation Acquisition Corp (NASDAQ:AITR)

Shaolin Capital Management LLC raised its holdings in AI Transportation Acquisition Corp (NASDAQ:AITR) by 0.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 255,775 shares of the company’s stock after acquiring an additional 1,042 shares during the quarter. Shaolin Capital Management LLC’s holdings in AI Transportation Acquisition were worth $2,681,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Berkley W R Corp bought a new stake in shares of AI Transportation Acquisition in the third quarter valued at about $1,080,000. Westchester Capital Management LLC bought a new position in shares of AI Transportation Acquisition during the third quarter valued at approximately $1,860,000. Cowen AND Company LLC increased its holdings in shares of AI Transportation Acquisition by 90.4% in the 2nd quarter. Cowen AND Company LLC now owns 252,706 shares of the company’s stock valued at $2,616,000 after acquiring an additional 120,000 shares during the period. Finally, Wolverine Asset Management LLC raised its position in shares of AI Transportation Acquisition by 53.4% in the 3rd quarter. Wolverine Asset Management LLC now owns 362,670 shares of the company’s stock worth $3,801,000 after acquiring an additional 126,322 shares in the last quarter. 81.89% of the stock is currently owned by institutional investors.

AI Transportation Acquisition Trading Down 0.3 %

AITR opened at $10.69 on Wednesday. The business’s 50-day moving average is $10.57 and its two-hundred day moving average is $10.46. AI Transportation Acquisition Corp has a 1 year low of $10.11 and a 1 year high of $10.72.

AI Transportation Acquisition Profile

AI Transportation Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.