Wolverine Asset Management LLC Has $5.81 Million Stock Holdings in Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX)

Wolverine Asset Management LLC lifted its holdings in Integrated Rail and Resources Acquisition Corp. (NYSE:IRRX) by 13.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 529,070 shares of the company’s stock after buying an additional 63,068 shares during the period. Wolverine Asset Management LLC’s holdings in Integrated Rail and Resources Acquisition were worth $5,814,000 at the end of the most recent quarter.

Insider Buying and Selling at Integrated Rail and Resources Acquisition

In other news, major shareholder Wolverine Asset Management Llc sold 310,911 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $11.00, for a total value of $3,420,021.00. Following the transaction, the insider now owns 200,000 shares in the company, valued at approximately $2,200,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 34.60% of the company’s stock.

Integrated Rail and Resources Acquisition Stock Performance

Shares of IRRX stock remained flat at $10.95 during mid-day trading on Tuesday. The stock had a trading volume of 1 shares, compared to its average volume of 33,977. The stock’s 50 day simple moving average is $11.02 and its two-hundred day simple moving average is $11.00. Integrated Rail and Resources Acquisition Corp. has a 1 year low of $5.03 and a 1 year high of $12.12.

Integrated Rail and Resources Acquisition Profile

Integrated Rail and Resources Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in railroad companies in North America. Integrated Rail and Resources Acquisition Corp.