Goldenstone Acquisition (NASDAQ:GDST) Trading Down 0.1% – Time to Sell?

Goldenstone Acquisition Limited (NASDAQ:GDST)’s stock price was down 0.1% on Tuesday . The company traded as low as $11.29 and last traded at $11.29. Approximately 400 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 22,655 shares. The stock had previously closed at $11.30.

Goldenstone Acquisition Stock Performance

The firm’s 50 day moving average is $11.24 and its two-hundred day moving average is $11.24.

Hedge Funds Weigh In On Goldenstone Acquisition

A hedge fund recently raised its stake in Goldenstone Acquisition stock. Wolverine Asset Management LLC grew its holdings in Goldenstone Acquisition Limited (NASDAQ:GDST) by 1.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,229 shares of the company’s stock after acquiring an additional 1,684 shares during the quarter. Wolverine Asset Management LLC owned 2.20% of Goldenstone Acquisition worth $1,681,000 at the end of the most recent reporting period. 72.08% of the stock is currently owned by hedge funds and other institutional investors.

About Goldenstone Acquisition

Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.