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Tuttle Capital Management LLC Trims Stock Position in VectoIQ Acquisition Corp. II (NASDAQ:VTIQ)

Defense World ·  Aug 2, 2022 17:51

Tuttle Capital Management LLC lowered its position in shares of VectoIQ Acquisition Corp. II (NASDAQ:VTIQ – Get Rating) by 25.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 49,982 shares of the company's stock after selling 16,918 shares during the period. Tuttle Capital Management LLC's holdings in VectoIQ Acquisition Corp. II were worth $413,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Segantii Capital Management Ltd purchased a new position in VectoIQ Acquisition Corp. II during the first quarter valued at approximately $492,000. Kohlberg Kravis Roberts & Co. L.P. purchased a new position in VectoIQ Acquisition Corp. II in the 4th quarter worth approximately $792,000. D. E. Shaw & Co. Inc. grew its stake in VectoIQ Acquisition Corp. II by 0.7% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 812,637 shares of the company's stock worth $7,915,000 after buying an additional 5,430 shares in the last quarter. Glazer Capital LLC purchased a new position in VectoIQ Acquisition Corp. II in the 4th quarter worth approximately $2,034,000. Finally, Fifth Lane Capital LP purchased a new position in VectoIQ Acquisition Corp. II in the 4th quarter worth approximately $740,000. Hedge funds and other institutional investors own 60.42% of the company's stock.

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VectoIQ Acquisition Corp. II Price Performance

VTIQ stock opened at $9.84 on Tuesday. VectoIQ Acquisition Corp. II has a one year low of $9.61 and a one year high of $9.92. The firm has a 50 day simple moving average of $9.82 and a two-hundred day simple moving average of $9.80.

About VectoIQ Acquisition Corp. II

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VectoIQ Acquisition Corp. II 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. The company intends to focus its search on the industrial technology, transportation, and smart mobility industries.

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Want to see what other hedge funds are holding VTIQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VectoIQ Acquisition Corp. II (NASDAQ:VTIQ – Get Rating).

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