Yotta Acquisition (NASDAQ:YOTAU) Shares Down 5.7% – Time to Sell?

Yotta Acquisition Co. (NASDAQ:YOTAU)’s stock price was down 5.7% on Tuesday . The stock traded as low as $11.19 and last traded at $11.19. Approximately 622 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 432 shares. The stock had previously closed at $11.87.

Yotta Acquisition Stock Down 5.7 %

The firm has a fifty day simple moving average of $11.71 and a two-hundred day simple moving average of $11.33.

Hedge Funds Weigh In On Yotta Acquisition

An institutional investor recently raised its position in Yotta Acquisition stock. Clear Street LLC increased its position in Yotta Acquisition Co. (NASDAQ:YOTAU) by 65.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 reporting period.

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.