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[BUSINESS] · United States, Norway · 3 sources

DNB Asset Management cuts stakes in AST SpaceMobile and Scorpio Tankers

DNB Asset Management AS disclosed in its most recent Form 13F filing that it reduced its holding in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 31.4% in the fourth quarter, selling 85,544 shares and ending the period with 187,125 shares.

The same filing showed the firm also trimmed its position in Scorpio Tankers Inc. (NYSE:STNG) by 18.2% during the quarter, disposing of 55,722 shares and retaining 250,577 shares after the sale.