DUET Acquisition (NASDAQ:DUET) Stock Price Down 0.3%

DUET Acquisition Corp. (NASDAQ:DUET) shares were down 0.3% during trading on Wednesday . The stock traded as low as $10.96 and last traded at $10.96. Approximately 100 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,285 shares. The stock had previously closed at $10.99.

DUET Acquisition Stock Down 0.3 %

The firm’s 50-day moving average is $10.98 and its two-hundred day moving average is $10.89.

Hedge Funds Weigh In On DUET Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in DUET. Walleye Capital LLC boosted its stake in DUET Acquisition by 96.6% in the 3rd quarter. Walleye Capital LLC now owns 325,650 shares of the company’s stock worth $3,484,000 after purchasing an additional 160,000 shares during the period. Barclays PLC acquired a new position in DUET Acquisition in the 2nd quarter worth $1,051,000. Walleye Trading LLC boosted its stake in shares of DUET Acquisition by 96.6% during the 3rd 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. AQR Arbitrage LLC boosted its stake in shares of DUET Acquisition by 60.5% during the 3rd quarter. AQR Arbitrage LLC now owns 397,745 shares of the company’s stock worth $4,260,000 after buying an additional 150,000 shares during the last quarter. Finally, Centiva Capital LP boosted its stake in shares of DUET Acquisition by 72.4% during the 4th quarter. Centiva Capital LP now owns 47,641 shares of the company’s stock worth $481,000 after buying an additional 20,000 shares during the last quarter. Institutional investors and hedge funds own 55.25% of the company’s stock.

DUET Acquisition Company 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.