Wolverine Asset Management LLC decreased its position in shares of Global Technology Acquisition Corp. I (NASDAQ:GTAC – Get Rating) by 15.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,366 shares of the company's stock after selling 45,858 shares during the period. Wolverine Asset Management LLC owned approximately 1.01% of Global Technology Acquisition Corp. I worth $2,528,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Walleye Trading LLC purchased a new stake in Global Technology Acquisition Corp. I during the first quarter valued at about $358,000. Karpus Management Inc. purchased a new stake in Global Technology Acquisition Corp. I during the first quarter valued at about $498,000. MMCAP International Inc. SPC purchased a new position in shares of Global Technology Acquisition Corp. I in the first quarter worth about $498,000. Segantii Capital Management Ltd purchased a new position in shares of Global Technology Acquisition Corp. I in the first quarter worth about $499,000. Finally, Spring Creek Capital LLC purchased a new position in shares of Global Technology Acquisition Corp. I in the first quarter worth about $499,000. Hedge funds and other institutional investors own 60.33% of the company's stock.

Global Technology Acquisition Corp. I Stock Performance

GTAC opened at $10.12 on Wednesday. The business's 50-day moving average price is $10.07 and its 200-day moving average price is $10.00. Global Technology Acquisition Corp. I has a 12 month low of $9.69 and a 12 month high of $10.30.

Global Technology Acquisition Corp. I Company Profile

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.

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