Wolverine Asset Management LLC Reduces Stake in Broad Capital Acquisition Corp. (NASDAQ:BRAC)

Wolverine Asset Management LLC trimmed its position in shares of Broad Capital Acquisition Corp. (NASDAQ:BRAC) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,945 shares of the company’s stock after selling 6,205 shares during the quarter. Wolverine Asset Management LLC owned approximately 2.81% of Broad Capital Acquisition worth $950,000 at the end of the most recent reporting period.

Broad Capital Acquisition Price Performance

Broad Capital Acquisition stock opened at $11.60 on Wednesday. Broad Capital Acquisition Corp. has a fifty-two week low of $10.97 and a fifty-two week high of $12.31. The stock has a fifty day moving average of $11.39 and a two-hundred day moving average of $11.39.

About Broad Capital Acquisition

Broad Capital Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.