Yotta Acquisition (NASDAQ:YOTAU) Trading 1.3% Higher – Should You Buy?

Yotta Acquisition Co. (NASDAQ:YOTAU)’s stock price shot up 1.3% during trading on Friday . The stock traded as high as $11.34 and last traded at $11.34. 100 shares traded hands during trading, a decline of 76% from the average session volume of 420 shares. The stock had previously closed at $11.19.

Yotta Acquisition Stock Performance

The firm’s 50-day moving average price is $11.45 and its 200 day moving average price is $11.39.

Institutional Trading of Yotta Acquisition

An institutional investor recently raised its position in Yotta Acquisition stock. Clear Street LLC lifted its stake in Yotta Acquisition Co. (NASDAQ:YOTAU) by 65.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,309 shares of the company’s stock after purchasing an additional 2,101 shares during the period. Clear Street LLC’s holdings in Yotta Acquisition were worth $58,000 at the end of the most recent quarter.

About Yotta Acquisition

Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide.