Westchester Capital Management LLC Has $914,000 Holdings in Global Star Acquisition, Inc. (NASDAQ:GLST)

Westchester Capital Management LLC lessened its stake in Global Star Acquisition, Inc. (NASDAQ:GLST) by 19.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,600 shares of the company’s stock after selling 19,400 shares during the quarter. Westchester Capital Management LLC owned about 2.77% of Global Star Acquisition worth $914,000 as of its most recent SEC filing.

Separately, SkyView Investment Advisors LLC bought a new stake in shares of Global Star Acquisition in the 2nd quarter valued at about $2,647,000. Institutional investors own 62.18% of the company’s stock.

Global Star Acquisition Trading Up 2.8 %

Shares of NASDAQ:GLST opened at $11.83 on Friday. The firm’s 50 day simple moving average is $11.43 and its 200 day simple moving average is $11.19. Global Star Acquisition, Inc. has a fifty-two week low of $10.57 and a fifty-two week high of $12.67.

About Global Star Acquisition

Global Star Acquisition, Inc 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. The company was incorporated in 2019 and is based in McLean, Virginia.