Walleye Capital LLC acquired a new position in OmniLit Acquisition Corp. (NASDAQ:OLIT – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 123,791 shares of the company's stock, valued at approximately $1,232,000. Walleye Capital LLC owned 0.65% of OmniLit Acquisition as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Spring Creek Capital LLC acquired a new stake in OmniLit Acquisition in the first quarter worth about $299,000. Sculptor Capital LP acquired a new stake in OmniLit Acquisition in the first quarter worth about $2,673,000. Walleye Trading LLC acquired a new stake in OmniLit Acquisition in the 1st quarter valued at about $716,000. Polar Asset Management Partners Inc. acquired a new stake in OmniLit Acquisition in the 1st quarter valued at about $8,258,000. Finally, Radcliffe Capital Management L.P. acquired a new stake in OmniLit Acquisition in the 1st quarter valued at about $1,894,000. Institutional investors and hedge funds own 52.99% of the company's stock.

OmniLit Acquisition Price Performance

Shares of NASDAQ OLIT opened at $10.05 on Monday. OmniLit Acquisition Corp. has a twelve month low of $9.84 and a twelve month high of $10.07. The firm has a 50-day moving average of $10.04 and a two-hundred day moving average of $10.00.

OmniLit Acquisition Profile

OmniLit Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on transactions with companies and/or assets within the photonics or optics, and related sectors.

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