AI Transportation Acquisition Corp (NASDAQ:AITR) Shares Sold by Clear Street LLC

Clear Street LLC trimmed its holdings in AI Transportation Acquisition Corp (NASDAQ:AITR) by 96.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,659 shares of the company’s stock after selling 68,228 shares during the period. Clear Street LLC’s holdings in AI Transportation Acquisition were worth $28,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whitebox Advisors LLC purchased a new stake in shares of AI Transportation Acquisition in the first quarter worth about $206,000. Virtu Financial LLC acquired a new position in AI Transportation Acquisition in the first quarter valued at approximately $379,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in AI Transportation Acquisition in the 1st quarter worth approximately $1,027,000. Periscope Capital Inc. acquired a new stake in shares of AI Transportation Acquisition during the 1st quarter worth approximately $1,028,000. Finally, Gabelli Funds LLC purchased a new position in shares of AI Transportation Acquisition during the 1st quarter valued at approximately $1,029,000. 81.89% of the stock is owned by institutional investors and hedge funds.

AI Transportation Acquisition Stock Performance

AITR opened at $10.49 on Friday. The firm has a fifty day moving average price of $10.42 and a 200 day moving average price of $10.35. AI Transportation Acquisition Corp has a 1 year low of $10.11 and a 1 year high of $10.48.

About AI Transportation Acquisition

AI Transportation Acquisition Corp 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. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services, and related areas of intelligent transportation.