Yotta Acquisition (NASDAQ:YOTAU) Shares Up 1.3% – Here’s Why

Yotta Acquisition Co. (NASDAQ:YOTAU)’s share price rose 1.3% during mid-day trading on Friday . The stock traded as high as $11.34 and last traded at $11.34. Approximately 100 shares were traded during trading, a decline of 76% from the average daily volume of 420 shares. The stock had previously closed at $11.19.

Yotta Acquisition Stock Performance

The business’s fifty day moving average price is $11.44 and its 200 day moving average price is $11.40.

Institutional Investors Weigh In On Yotta Acquisition

An institutional investor recently raised its position in Yotta Acquisition stock. Clear Street LLC boosted its stake in Yotta Acquisition Co. (NASDAQ:YOTAU) by 65.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,309 shares of the company’s stock after purchasing an additional 2,101 shares during the quarter. Clear Street LLC’s holdings in Yotta Acquisition were worth $58,000 as of its most recent filing with the SEC.

Yotta Acquisition Company Profile

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.