Wolverine Asset Management LLC Purchases New Position in AI Transportation Acquisition Corp (NASDAQ:AITRU)

Wolverine Asset Management LLC purchased a new stake in AI Transportation Acquisition Corp (NASDAQ:AITRU) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 237,348 shares of the company’s stock, valued at approximately $2,423,000.

Separately, Schechter Investment Advisors LLC acquired a new stake in shares of AI Transportation Acquisition during the fourth quarter worth about $175,000.

AI Transportation Acquisition Price Performance

AI Transportation Acquisition stock opened at $10.43 on Thursday. The business’s 50 day moving average is $10.41. AI Transportation Acquisition Corp has a 12 month low of $9.99 and a 12 month high of $10.94.

AI Transportation Acquisition Profile

AI Transportation Acquisition Corp 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.