Goldenstone Acquisition (NASDAQ:GDST) Trading Down 0.4% – What’s Next?

Shares of Goldenstone Acquisition Limited (NASDAQ:GDST) traded down 0.4% on Friday . The company traded as low as $11.20 and last traded at $11.20. 102 shares were traded during mid-day trading, a decline of 100% from the average session volume of 23,235 shares. The stock had previously closed at $11.25.

Goldenstone Acquisition Stock Down 0.4 %

The stock’s 50 day moving average is $11.23 and its 200 day moving average is $11.21.

Institutional Investors Weigh In On Goldenstone Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in GDST. Berkley W R Corp raised its position in shares of Goldenstone Acquisition by 146.7% in the 1st quarter. Berkley W R Corp now owns 392,909 shares of the company’s stock worth $4,334,000 after buying an additional 233,671 shares during the period. Wolverine Asset Management LLC lifted its position in shares of Goldenstone Acquisition by 1.1% during the third quarter. Wolverine Asset Management LLC now owns 150,229 shares of the company’s stock worth $1,681,000 after purchasing an additional 1,684 shares in the last quarter. K2 Principal Fund L.P. purchased a new position in Goldenstone Acquisition in the 1st quarter valued at about $275,000. Finally, Robinson Capital Management LLC acquired a new stake in Goldenstone Acquisition during the 1st quarter valued at approximately $52,000. Hedge funds and other institutional investors own 72.08% of the company’s stock.

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.