Goldenstone Acquisition (NASDAQ:GDST) Shares Up 0.5% – Time to Buy?

Goldenstone Acquisition Limited (NASDAQ:GDST) rose 0.5% on Wednesday . The company traded as high as $11.36 and last traded at $11.36. Approximately 232 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 22,655 shares. The stock had previously closed at $11.30.

Goldenstone Acquisition Stock Performance

The company has a 50-day moving average of $11.26 and a 200-day moving average of $11.24.

Institutional Trading of Goldenstone Acquisition

An institutional investor recently raised its position in Goldenstone Acquisition stock. Wolverine Asset Management LLC increased its holdings in shares of Goldenstone Acquisition Limited (NASDAQ:GDST) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,229 shares of the company’s stock after acquiring an additional 1,684 shares during the quarter. Wolverine Asset Management LLC owned approximately 2.20% of Goldenstone Acquisition worth $1,681,000 at the end of the most recent quarter. 72.08% of the stock is currently owned by institutional investors and hedge funds.

About Goldenstone Acquisition

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.