Wolverine Asset Management LLC Boosts Position in AIB Acquisition Co. (NASDAQ:AIB)

Wolverine Asset Management LLC boosted its position in shares of AIB Acquisition Co. (NASDAQ:AIB) by 51.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,641 shares of the company’s stock after acquiring an additional 20,541 shares during the quarter. Wolverine Asset Management LLC owned 1.68% of AIB Acquisition worth $697,000 at the end of the most recent reporting period.

Separately, Mizuho Securities USA LLC purchased a new stake in AIB Acquisition in the third quarter worth about $1,111,000. 29.70% of the stock is owned by hedge funds and other institutional investors.

AIB Acquisition Stock Performance

Shares of AIB opened at $11.72 on Friday. AIB Acquisition Co. has a 52 week low of $10.56 and a 52 week high of $12.25. The business has a 50-day simple moving average of $11.65 and a two-hundred day simple moving average of $11.54.

About AIB Acquisition

AIB Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses in the fintech industries. AIB Acquisition Corporation was incorporated in 2021 and is based in New York, New York.