Mizuho Securities USA LLC Raises Stock Position in AI Transportation Acquisition Corp (NASDAQ:AITR)

Mizuho Securities USA LLC increased its stake in AI Transportation Acquisition Corp (NASDAQ:AITR) by 142.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 556,500 shares of the company’s stock after acquiring an additional 326,883 shares during the quarter. Mizuho Securities USA LLC owned approximately 0.07% of AI Transportation Acquisition worth $5,955,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC increased its holdings in AI Transportation Acquisition by 15.9% in the 4th quarter. Wolverine Asset Management LLC now owns 420,301 shares of the company’s stock worth $4,518,000 after acquiring an additional 57,631 shares in the last quarter. Shaolin Capital Management LLC increased its holdings in AI Transportation Acquisition by 0.4% in the 3rd quarter. Shaolin Capital Management LLC now owns 255,775 shares of the company’s stock worth $2,681,000 after acquiring an additional 1,042 shares in the last quarter. Westchester Capital Management LLC purchased a new stake in AI Transportation Acquisition in the 3rd quarter worth $1,860,000. Finally, Berkley W R Corp purchased a new stake in AI Transportation Acquisition in the 3rd quarter worth $1,080,000. Hedge funds and other institutional investors own 81.89% of the company’s stock.

AI Transportation Acquisition Price Performance

Shares of NASDAQ AITR opened at $10.95 on Friday. The firm has a fifty day moving average of $10.88 and a 200 day moving average of $10.69. AI Transportation Acquisition Corp has a one year low of $10.27 and a one year high of $10.96.

AI Transportation Acquisition Company Profile

AI Transportation Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.