Oxus Acquisition (NASDAQ:OXUS) Trading 2.8% Higher

Oxus Acquisition Corp. (NASDAQ:OXUS)’s share price traded up 2.8% during trading on Tuesday . The stock traded as high as $6.97 and last traded at $6.97. 5,529 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 38,372 shares. The stock had previously closed at $6.78.

Oxus Acquisition Trading Up 15.0 %

The stock has a market capitalization of $59.52 million, a PE ratio of -37.57 and a beta of 0.01. The company’s 50-day moving average is $8.41 and its 200 day moving average is $7.50.

Hedge Funds Weigh In On Oxus Acquisition

An institutional investor recently raised its position in Oxus Acquisition stock. Mizuho Securities USA LLC increased its holdings in Oxus Acquisition Corp. (NASDAQ:OXUS) by 481.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 201,335 shares of the company’s stock after buying an additional 166,737 shares during the quarter. Mizuho Securities USA LLC owned about 3.07% of Oxus Acquisition worth $2,247,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 28.29% of the company’s stock.

Oxus Acquisition Company Profile

Oxus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus its search on targets in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.