Tuttle Capital Management LLC decreased its holdings in shares of Kernel Group Holdings, Inc. (NASDAQ:KRNL – Get Rating) by 25.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,225 shares of the company's stock after selling 28,173 shares during the quarter. Kernel Group makes up approximately 1.4% of Tuttle Capital Management LLC's holdings, making the stock its 28th biggest holding. Tuttle Capital Management LLC's holdings in Kernel Group were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. D. E. Shaw & Co. Inc. raised its stake in Kernel Group by 62.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 937,154 shares of the company's stock worth $9,137,000 after acquiring an additional 359,400 shares during the period. Oribel Capital Management LP raised its stake in Kernel Group by 22.1% during the fourth quarter. Oribel Capital Management LP now owns 670,336 shares of the company's stock worth $6,536,000 after acquiring an additional 121,126 shares during the period. Cinctive Capital Management LP raised its stake in Kernel Group by 1.6% during the fourth quarter. Cinctive Capital Management LP now owns 482,778 shares of the company's stock worth $4,707,000 after acquiring an additional 7,778 shares during the period. Silver Rock Financial LP acquired a new stake in Kernel Group during the fourth quarter worth about $2,320,000. Finally, PEAK6 Investments LLC raised its stake in Kernel Group by 3.1% during the fourth quarter. PEAK6 Investments LLC now owns 167,495 shares of the company's stock worth $1,633,000 after acquiring an additional 5,048 shares during the period. Institutional investors and hedge funds own 62.05% of the company's stock.

Kernel Group Stock Performance

Shares of NASDAQ:KRNL opened at $9.87 on Tuesday. The firm's 50 day moving average is $9.82 and its two-hundred day moving average is $9.79. Kernel Group Holdings, Inc. has a 52 week low of $9.60 and a 52 week high of $10.35.

Kernel Group Company Profile

Kernel Group Holdings, Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to identify, acquire, and manage a business in the commerce enablement, supply chain, logistics and related technology infrastructure sectors.

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