Mizuho Securities USA LLC Buys 99,936 Shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Mizuho Securities USA LLC raised its stake in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) by 64.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 255,659 shares of the company’s stock after purchasing an additional 99,936 shares during the period. Mizuho Securities USA LLC’s holdings in Technology & Telecommunication Acquisition were worth $3,081,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TETE. SkyView Investment Advisors LLC grew its stake in shares of Technology & Telecommunication Acquisition by 25.1% in the 1st quarter. SkyView Investment Advisors LLC now owns 124,705 shares of the company’s stock valued at $1,458,000 after buying an additional 25,000 shares during the period. Warberg Asset Management LLC bought a new position in Technology & Telecommunication Acquisition in the second quarter worth approximately $208,000. Logan Stone Capital LLC acquired a new stake in Technology & Telecommunication Acquisition in the second quarter valued at approximately $1,147,000. Finally, Shaolin Capital Management LLC increased its holdings in shares of Technology & Telecommunication Acquisition by 33.3% during the second quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company’s stock valued at $2,390,000 after acquiring an additional 50,000 shares in the last quarter. Institutional investors and hedge funds own 45.39% of the company’s stock.

Technology & Telecommunication Acquisition Price Performance

Shares of NASDAQ:TETE opened at $12.21 on Friday. Technology & Telecommunication Acquisition Co. has a twelve month low of $11.07 and a twelve month high of $12.25. The stock’s 50 day moving average is $12.17 and its 200-day moving average is $12.05.

Technology & Telecommunication Acquisition Company Profile

Technology & Telecommunication Acquisition Corporation 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. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.