Wolverine Asset Management LLC Sells 402,534 Shares of DUET Acquisition Corp. (NASDAQ:DUET)

Wolverine Asset Management LLC reduced its position in DUET Acquisition Corp. (NASDAQ:DUET) by 97.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,949 shares of the company’s stock after selling 402,534 shares during the quarter. Wolverine Asset Management LLC’s holdings in DUET Acquisition were worth $109,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Walleye Trading LLC raised its holdings in DUET Acquisition by 96.6% during the third quarter. Walleye Trading LLC now owns 183,179 shares of the company’s stock worth $1,960,000 after buying an additional 90,000 shares during the last quarter. Walleye Capital LLC increased its position in shares of DUET Acquisition by 96.6% during the third quarter. Walleye Capital LLC now owns 325,650 shares of the company’s stock worth $3,484,000 after acquiring an additional 160,000 shares in the last quarter. Finally, AQR Arbitrage LLC raised its holdings in shares of DUET Acquisition by 60.5% in the 3rd quarter. AQR Arbitrage LLC now owns 397,745 shares of the company’s stock worth $4,260,000 after acquiring an additional 150,000 shares during the last quarter. Institutional investors and hedge funds own 55.25% of the company’s stock.

DUET Acquisition Stock Performance

DUET stock opened at $10.96 on Monday. The business has a 50-day simple moving average of $10.98 and a two-hundred day simple moving average of $10.91. DUET Acquisition Corp. has a 52-week low of $10.40 and a 52-week high of $11.83.

DUET Acquisition Profile

DUET Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in technology sector. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.