Verition Fund Management LLC Takes $2.02 Million Position in Technology & Telecommunication Acquisition Co. (NASDAQ:TETEU)

Verition Fund Management LLC purchased a new position in shares of Technology & Telecommunication Acquisition Co. (NASDAQ:TETEUGet Rating) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 200,000 shares of the company’s stock, valued at approximately $2,018,000.

Several other large investors have also recently made changes to their positions in TETEU. Yakira Capital Management Inc. purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $3,535,000. Walleye Capital LLC purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $1,655,000. Wealthspring Capital LLC purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $1,096,000. SkyView Investment Advisors LLC purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $1,006,000. Finally, Sage Mountain Advisors LLC purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $788,000.

Technology & Telecommunication Acquisition Price Performance

NASDAQ TETEU opened at $10.34 on Monday. The stock’s fifty day moving average is $10.13 and its two-hundred day moving average is $10.12. Technology & Telecommunication Acquisition Co. has a fifty-two week low of $9.99 and a fifty-two week high of $11.11.

Technology & Telecommunication Acquisition Profile

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Technology & Telecommunication Acquisition Corporation 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 acquire companies in the technology and telecommunications sector in Malaysia.

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Institutional Ownership by Quarter for Technology & Telecommunication Acquisition (NASDAQ:TETEU)

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