Wolverine Asset Management LLC Sells 179,022 Shares of Distoken Acquisition Co. (NASDAQ:DIST)

Wolverine Asset Management LLC trimmed its position in Distoken Acquisition Co. (NASDAQ:DIST) by 47.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 200,000 shares of the company’s stock after selling 179,022 shares during the period. Wolverine Asset Management LLC owned 3.11% of Distoken Acquisition worth $2,120,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Shaolin Capital Management LLC lifted its stake in shares of Distoken Acquisition by 190.5% in the 3rd quarter. Shaolin Capital Management LLC now owns 275,000 shares of the company’s stock valued at $2,885,000 after acquiring an additional 578,750 shares during the last quarter. Schechter Investment Advisors LLC raised its position in Distoken Acquisition by 138.6% during the 4th quarter. Schechter Investment Advisors LLC now owns 274,033 shares of the company’s stock worth $2,905,000 after purchasing an additional 159,183 shares during the last quarter. Karpus Management Inc. raised its position in Distoken Acquisition by 21.7% during the 3rd quarter. Karpus Management Inc. now owns 257,110 shares of the company’s stock worth $2,697,000 after purchasing an additional 45,910 shares during the last quarter. Wealthspring Capital LLC raised its position in Distoken Acquisition by 66.1% during the 4th quarter. Wealthspring Capital LLC now owns 166,860 shares of the company’s stock worth $1,769,000 after purchasing an additional 66,410 shares during the last quarter. Finally, Cowen AND Company LLC bought a new position in Distoken Acquisition during the 3rd quarter worth $1,035,000. 63.68% of the stock is currently owned by institutional investors.

Distoken Acquisition Stock Up 0.1 %

Shares of NASDAQ:DIST opened at $10.70 on Thursday. Distoken Acquisition Co. has a 12-month low of $10.22 and a 12-month high of $12.35. The business has a fifty day simple moving average of $10.72 and a 200 day simple moving average of $10.66.

Distoken Acquisition Profile

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. It intends to focus on businesses in the technology industry that operates in Asia.