K2 Principal Fund L.P. Acquires New Holdings in Quetta Acquisition Co. (NASDAQ:QETA)

K2 Principal Fund L.P. bought a new stake in Quetta Acquisition Co. (NASDAQ:QETA) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 111,530 shares of the company’s stock, valued at approximately $1,154,000. K2 Principal Fund L.P. owned approximately 1.25% of Quetta Acquisition as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QETA. Clear Street LLC bought a new position in shares of Quetta Acquisition in the fourth quarter valued at approximately $90,000. Condor Capital Management purchased a new position in Quetta Acquisition in the fourth quarter valued at about $186,000. Virtu Financial LLC bought a new position in Quetta Acquisition during the fourth quarter valued at approximately $218,000. Cohanzick Management LLC acquired a new stake in shares of Quetta Acquisition in the 4th quarter valued at $293,000. Finally, Whitebox Advisors LLC bought a new stake in shares of Quetta Acquisition during the 1st quarter worth about $305,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Quetta Acquisition Stock Performance

Shares of QETA stock opened at $10.37 on Tuesday. Quetta Acquisition Co. has a 12 month low of $10.07 and a 12 month high of $10.43. The business’s 50 day moving average is $10.36 and its two-hundred day moving average is $10.30.

About Quetta Acquisition

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.