Wolverine Asset Management LLC Grows Holdings in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Wolverine Asset Management LLC raised its position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) by 52.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 336,717 shares of the company’s stock after purchasing an additional 116,077 shares during the period. Wolverine Asset Management LLC owned 0.06% of Technology & Telecommunication Acquisition worth $3,876,000 as of its most recent filing with the SEC.

Separately, Shaolin Capital Management LLC increased its holdings in Technology & Telecommunication Acquisition by 175.0% in the third quarter. Shaolin Capital Management LLC now owns 300,000 shares of the company’s stock valued at $3,405,000 after buying an additional 700,000 shares in the last quarter. 45.39% of the stock is owned by institutional investors and hedge funds.

Technology & Telecommunication Acquisition Stock Up 0.8 %

TETE traded up $0.10 on Wednesday, reaching $11.90. The stock had a trading volume of 100 shares, compared to its average volume of 17,324. The business’s 50-day moving average price is $11.69 and its two-hundred day moving average price is $11.54. Technology & Telecommunication Acquisition Co. has a 12-month low of $10.59 and a 12-month high of $12.25.

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.