Logan Stone Capital LLC Takes Position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE)

Logan Stone Capital LLC acquired a new position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETE) during the 2nd quarter, HoldingsChannel reports. The fund acquired 95,950 shares of the company’s stock, valued at approximately $1,147,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP boosted its position in Technology & Telecommunication Acquisition by 7.4% during the fourth quarter. Quarry LP now owns 140,033 shares of the company’s stock worth $1,612,000 after purchasing an additional 9,604 shares in the last quarter. SkyView Investment Advisors LLC raised its stake in shares of Technology & Telecommunication Acquisition by 25.1% during the 1st quarter. SkyView Investment Advisors LLC now owns 124,705 shares of the company’s stock worth $1,458,000 after buying an additional 25,000 shares during the period. Finally, Warberg Asset Management LLC purchased a new position in shares of Technology & Telecommunication Acquisition during the 2nd quarter valued at approximately $208,000. Institutional investors and hedge funds own 45.39% of the company’s stock.

Technology & Telecommunication Acquisition Price Performance

Shares of NASDAQ TETE opened at $12.17 on Friday. The firm has a fifty day moving average of $12.07 and a 200 day moving average of $11.93. Technology & Telecommunication Acquisition Co. has a one year low of $11.07 and a one year high of $12.25.

Technology & Telecommunication Acquisition Profile

Technology & Telecommunication Acquisition Corporation 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. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.