Yotta Acquisition (NASDAQ:YOTAU) Trading Up 1.3% – What’s Next?

Yotta Acquisition Co. (NASDAQ:YOTAU)’s share price rose 1.3% during mid-day trading on Friday . The company traded as high as $11.34 and last traded at $11.34. Approximately 100 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 420 shares. The stock had previously closed at $11.19.

Yotta Acquisition Stock Up 1.3 %

The stock has a fifty day moving average of $11.45 and a 200-day moving average of $11.39.

Hedge Funds Weigh In On Yotta Acquisition

A hedge fund recently raised its stake in Yotta Acquisition stock. Clear Street LLC lifted its stake in Yotta Acquisition Co. (NASDAQ:YOTAU) by 65.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,309 shares of the company’s stock after purchasing an additional 2,101 shares during the period. Clear Street LLC’s holdings in Yotta Acquisition were worth $58,000 at the end of the most recent quarter.

Yotta Acquisition Company Profile

Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide.