Wolverine Asset Management LLC Raises Holdings in FTAC Emerald Acquisition Corp. (NASDAQ:EMLD)

Wolverine Asset Management LLC raised its holdings in shares of FTAC Emerald Acquisition Corp. (NASDAQ:EMLD) by 124.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 679,974 shares of the company’s stock after purchasing an additional 376,681 shares during the period. Wolverine Asset Management LLC owned approximately 2.70% of FTAC Emerald Acquisition worth $7,174,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EMLD. Deltec Asset Management LLC lifted its holdings in shares of FTAC Emerald Acquisition by 23.9% during the 3rd quarter. Deltec Asset Management LLC now owns 100,000 shares of the company’s stock valued at $1,046,000 after buying an additional 19,269 shares during the period. BCK Capital Management LP bought a new position in shares of FTAC Emerald Acquisition during the 3rd quarter valued at $777,000. Westchester Capital Management LLC lifted its holdings in shares of FTAC Emerald Acquisition by 15.1% during the 3rd quarter. Westchester Capital Management LLC now owns 748,659 shares of the company’s stock valued at $7,831,000 after buying an additional 98,470 shares during the period. Mizuho Securities USA LLC bought a new position in shares of FTAC Emerald Acquisition during the 3rd quarter valued at $6,913,000. Finally, Cowen AND Company LLC lifted its holdings in shares of FTAC Emerald Acquisition by 2,263.8% during the 3rd quarter. Cowen AND Company LLC now owns 836,369 shares of the company’s stock valued at $8,748,000 after buying an additional 800,986 shares during the period. 56.89% of the stock is currently owned by hedge funds and other institutional investors.

FTAC Emerald Acquisition Price Performance

Shares of NASDAQ EMLD remained flat at $10.60 during midday trading on Tuesday. The stock had a trading volume of 144 shares, compared to its average volume of 9,044. The stock has a 50 day moving average price of $10.51 and a 200-day moving average price of $10.52. FTAC Emerald Acquisition Corp. has a 12-month low of $10.24 and a 12-month high of $11.00.

FTAC Emerald Acquisition Company Profile

FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors.