Wolverine Asset Management LLC Sells 246,240 Shares of Aimei Health Technology Co., Ltd. (NASDAQ:AFJK)

Key Points

• Wolverine Asset Management LLC reduced its stake in Aimei Health Technology by 37.6%, now holding approximately 407,799 shares valued at about $4.49 million.
• Other hedge funds have recently increased their investments in Aimei Health Technology, with notable new positions established during the fourth quarter.
• Aimei Health Technology has a stock price range between $10.24 and $11.30 over the past year, currently trading at approximately $10.97.

Wolverine Asset Management LLC trimmed its holdings in shares of Aimei Health Technology Co., Ltd. (NASDAQ:AFJK - Free Report) by 37.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 407,799 shares of the company's stock after selling 246,240 shares during the quarter. Wolverine Asset Management LLC owned about 6.66% of Aimei Health Technology worth $4,485,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AFJK. Harraden Circle Investments LLC acquired a new position in Aimei Health Technology during the fourth quarter worth $1,117,000. Quarry LP acquired a new position in Aimei Health Technology during the fourth quarter worth $1,605,000. Berkley W R Corp acquired a new position in Aimei Health Technology during the fourth quarter worth $4,750,000. Finally, Centiva Capital LP increased its position in Aimei Health Technology by 1.4% during the fourth quarter. Centiva Capital LP now owns 232,693 shares of the company's stock worth $2,460,000 after buying an additional 3,100 shares during the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.

Aimei Health Technology Trading Up 0.3%

Aimei Health Technology stock traded up $0.03 during mid-day trading on Friday, hitting $11.20. 200 shares of the company's stock were exchanged, compared to its average volume of 1,660. Aimei Health Technology Co., Ltd. has a 1-year low of $10.24 and a 1-year high of $11.30. The stock has a 50 day moving average of $11.16 and a two-hundred day moving average of $11.04.

About Aimei Health Technology

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors.