Wolverine Asset Management LLC Decreases Position in OmniLit Acquisition Corp. (NASDAQ:OLITU)

Wolverine Asset Management LLC decreased its position in shares of OmniLit Acquisition Corp. (NASDAQ:OLITUGet Rating) by 87.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,523 shares of the company’s stock after selling 70,143 shares during the quarter. Wolverine Asset Management LLC’s holdings in OmniLit Acquisition were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Saba Capital Management L.P. purchased a new stake in OmniLit Acquisition during the 4th quarter valued at $10,719,000. Cubist Systematic Strategies LLC purchased a new stake in shares of OmniLit Acquisition during the fourth quarter valued at $7,072,000. Context Capital Management LLC bought a new stake in OmniLit Acquisition in the 4th quarter worth about $5,271,000. Calamos Advisors LLC purchased a new position in OmniLit Acquisition in the 4th quarter worth about $4,985,000. Finally, Starboard Value LP bought a new position in OmniLit Acquisition during the 4th quarter valued at about $4,829,000.

OmniLit Acquisition Trading Down 0.1 %

Shares of OLITU stock opened at $10.08 on Thursday. The company has a 50 day moving average price of $10.05 and a 200-day moving average price of $10.05. OmniLit Acquisition Corp. has a 52 week low of $9.85 and a 52 week high of $10.20.

About OmniLit Acquisition

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OmniLit Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on transactions with companies and/or assets within the photonics or optics, and related sectors.

See Also

Want to see what other hedge funds are holding OLITU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OmniLit Acquisition Corp. (NASDAQ:OLITUGet Rating).

Institutional Ownership by Quarter for OmniLit Acquisition (NASDAQ:OLITU)

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