Goldenstone Acquisition (NASDAQ:GDST) Trading Down 0.1% – What’s Next?

Goldenstone Acquisition Limited (NASDAQ:GDST) was down 0.1% during trading on Tuesday . The stock traded as low as $11.29 and last traded at $11.29. Approximately 400 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 22,655 shares. The stock had previously closed at $11.30.

Goldenstone Acquisition Price Performance

The company has a 50 day simple moving average of $11.24 and a 200 day simple moving average of $11.24.

Institutional Investors Weigh In On Goldenstone Acquisition

An institutional investor recently raised its position in Goldenstone Acquisition stock. Wolverine Asset Management LLC increased its stake in shares of Goldenstone Acquisition Limited (NASDAQ:GDST) by 1.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 150,229 shares of the company’s stock after acquiring an additional 1,684 shares during the period. Wolverine Asset Management LLC owned about 2.20% of Goldenstone Acquisition worth $1,681,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 72.08% of the company’s stock.

Goldenstone Acquisition Company Profile

Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.