Goldenstone Acquisition (NASDAQ:GDST) Shares Down 0.1% – Should You Sell?

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

Goldenstone Acquisition Price Performance

The business has a 50-day simple moving average of $11.24 and a 200 day simple moving average of $11.24.

Institutional Trading of Goldenstone Acquisition

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

Goldenstone Acquisition Company Profile

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.