Wolverine Asset Management LLC Purchases 63,068 Shares of Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX)

Wolverine Asset Management LLC raised its position in Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX) by 13.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 529,070 shares of the company’s stock after acquiring an additional 63,068 shares during the quarter. Wolverine Asset Management LLC owned approximately 4.32% of Integrated Rail and Resources Acquisition worth $5,814,000 at the end of the most recent quarter.

Integrated Rail and Resources Acquisition Stock Performance

IRRX stock remained flat at $10.95 during trading on Tuesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 33,977. Integrated Rail and Resources Acquisition Corp. has a 52 week low of $5.03 and a 52 week high of $12.12. The firm’s 50 day moving average is $11.02 and its 200 day moving average is $11.00.

Insider Buying and Selling at Integrated Rail and Resources Acquisition

In other news, major shareholder Wolverine Asset Management Llc sold 310,911 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $11.00, for a total value of $3,420,021.00. Following the transaction, the insider now owns 200,000 shares of the company’s stock, valued at $2,200,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 34.60% of the stock is owned by corporate insiders.

About Integrated Rail and Resources Acquisition

Integrated Rail and Resources Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in railroad companies in North America. Integrated Rail and Resources Acquisition Corp.