Goldenstone Acquisition (NASDAQ:GDST) Stock Price Down 0.4% – Here’s What Happened

Goldenstone Acquisition Limited (NASDAQ:GDST)’s stock price fell 0.4% during trading on Friday . The company traded as low as $11.20 and last traded at $11.20. 102 shares changed hands during 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 Performance

The company has a 50-day moving average of $11.23 and a 200-day moving average of $11.21.

Hedge Funds Weigh In On Goldenstone Acquisition

A number of hedge funds have recently bought and sold shares of GDST. Berkley W R Corp boosted its position in Goldenstone Acquisition by 146.7% during the first quarter. Berkley W R Corp now owns 392,909 shares of the company’s stock worth $4,334,000 after acquiring an additional 233,671 shares during the last quarter. Wolverine Asset Management LLC increased its stake in 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 during the period. K2 Principal Fund L.P. acquired a new stake in Goldenstone Acquisition during the 1st quarter worth approximately $275,000. Finally, Robinson Capital Management LLC purchased a new position in Goldenstone Acquisition in the first quarter valued at $52,000. Hedge funds and other institutional investors own 72.08% of the company’s stock.

Goldenstone Acquisition Company Profile

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.