Wealthspring Capital LLC Sells 31,711 Shares of Quetta Acquisition Co. (NASDAQ:QETA)

Wealthspring Capital LLC decreased its holdings in Quetta Acquisition Co. (NASDAQ:QETA) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 268,188 shares of the company’s stock after selling 31,711 shares during the quarter. Quetta Acquisition makes up 4.6% of Wealthspring Capital LLC’s portfolio, making the stock its 7th biggest position. Wealthspring Capital LLC owned 3.00% of Quetta Acquisition worth $2,829,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Tidal Investments LLC raised its stake in Quetta Acquisition by 24.6% during the third quarter. Tidal Investments LLC now owns 20,525 shares of the company’s stock valued at $214,000 after buying an additional 4,055 shares in the last quarter. Virtu Financial LLC acquired a new stake in Quetta Acquisition during the third quarter valued at approximately $329,000. Verition Fund Management LLC raised its stake in Quetta Acquisition by 2.0% during the third quarter. Verition Fund Management LLC now owns 138,446 shares of the company’s stock valued at $1,441,000 after buying an additional 2,746 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in Quetta Acquisition during the third quarter valued at approximately $1,599,000. Finally, Berkley W R Corp acquired a new stake in Quetta Acquisition during the third quarter valued at approximately $2,093,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Quetta Acquisition Stock Performance

Shares of NASDAQ QETA opened at $10.70 on Wednesday. The stock’s 50 day moving average price is $10.61 and its two-hundred day moving average price is $10.50. Quetta Acquisition Co. has a 52-week low of $10.17 and a 52-week high of $11.55.

Quetta Acquisition Profile

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.