Wolverine Asset Management LLC Buys 2,296 Shares of AltEnergy Acquisition Corp. (NASDAQ:AEAEU)

Wolverine Asset Management LLC raised its stake in AltEnergy Acquisition Corp. (NASDAQ:AEAEUGet Rating) by 191.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,496 shares of the company’s stock after acquiring an additional 2,296 shares during the quarter. Wolverine Asset Management LLC’s holdings in AltEnergy Acquisition were worth $34,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Timelo Investment Management Inc. bought a new position in AltEnergy Acquisition in the 4th quarter valued at about $101,000. Yakira Capital Management Inc. acquired a new position in shares of AltEnergy Acquisition during the 4th quarter worth approximately $252,000. Cruiser Capital Advisors LLC acquired a new position in shares of AltEnergy Acquisition during the 4th quarter worth approximately $404,000. Glazer Capital LLC acquired a new position in shares of AltEnergy Acquisition during the 4th quarter worth approximately $473,000. Finally, Sage Rock Capital Management LP acquired a new position in shares of AltEnergy Acquisition during the 4th quarter worth approximately $631,000.

AltEnergy Acquisition Stock Performance

Shares of NASDAQ:AEAEU opened at $10.10 on Friday. The company’s 50 day moving average price is $10.01 and its two-hundred day moving average price is $10.03. AltEnergy Acquisition Corp. has a 12-month low of $9.91 and a 12-month high of $10.20.

AltEnergy Acquisition Company Profile

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AltEnergy Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses. It intends to acquire and operate businesses in the renewable energy or related clean technology sectors.

Further Reading

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Institutional Ownership by Quarter for AltEnergy Acquisition (NASDAQ:AEAEU)

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