Sona Asset Management US LLC bought a new stake in AI Infrastructure Acquisition Corp. (NYSE:AIIA – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 153,828 shares of the company’s stock, valued at approximately $1,543,000. Sona Asset Management US LLC owned about 0.80% of AI Infrastructure Acquisition at the end of the most recent quarter.
Separately, PNC Financial Services Group Inc. acquired a new stake in AI Infrastructure Acquisition during the 1st quarter worth approximately $1,504,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded AI Infrastructure Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
AI Infrastructure Acquisition Stock Performance
NYSE:AIIA opened at $10.18 on Monday. AI Infrastructure Acquisition Corp. has a 52 week low of $9.85 and a 52 week high of $10.25. The business’s 50-day simple moving average is $10.16.
AI Infrastructure Acquisition Company Profile
AI Infrastructure Acquisition Corp is a blank check company.
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